Panama · Financial institution
Banistmo S.A
Legal name in the LEI recordBANISTMO S.A.
Banistmo S.A. is a Panamanian bank incorporated as a sociedad anónima and headquartered in Panama City. It began operations on 1 August 2004 and holds a general banking licence from the Superintendency of Banks of Panama. Since 30 June 2026 it has been wholly owned by Banco La Hipotecaria, S.A., part of the Inversiones Cuscatlán Centroamérica group, which is taking the name Grupo Financiero BSC. Before that it belonged to Grupo Cibest, the parent of Bancolombia. Directly and through its subsidiaries, the bank offers corporate and consumer banking, leasing and trust services.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- MIDLPAPAXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under MIDLPAPA directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 2 branch codes
- BIC first registered
- 1995-12-02
- Last updated
- 2025-11-15
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% Banco La Hipotecaria, S.A.
Institution type
Commercial bank
Trades as Banistmo
- Standing
- Ownership changed on 30 June 2026. On that date Grupo Cibest, S.A. completed the sale of 100% of the bank's shares to Banco La Hipotecaria, S.A., a subsidiary of Inversiones Cuscatlán Centroamérica. The bank continues to operate under the Banistmo name.
- Ownership
- Banco La Hipotecaria, S.A., a subsidiary of Inversiones Cuscatlán Centroamérica (Grupo Financiero BSC), has held 100% of the shares since 30 June 2026.
- Direct parent
- Banco La Hipotecaria, S.A., Panama 100%
- Ultimate owner
- Inversiones Cuscatlán Centroamérica, S.A. (being renamed Grupo Financiero BSC)
- Head office
- Casa Matriz, Torre Banistmo, Calle 50, 0834 Panama City, Panama (registered office: C/O Morgan Y Morgan, 16th Floor, Swiss Tower, 53rd Street, Nuevo Obarrio, 0801 Panama City, Panama)
Business lines
The bank's financial statements say it serves mainly institutions and individuals, offering corporate and consumer banking plus leasing and trust services through its subsidiaries.
Online
- Websites & references
- banistmo.com ↗
personas.banistmo.com ↗ online banking for personal customers - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗
Sources · 15 pages consulted
- superbancos.gob.pa/node/1740
- superbancos.gob.pa/node/1609
- superbancos.gob.pa/info-gen-bancos/cambios-relevantes
- banistmo.com/acerca-de/gestion-2025
- banistmo.com/acerca-de
- banistmo.com/acerca-de/aviso-de-privacidad
- banistmo.com/acerca-de/informacion-corporativa/relacion-con-inversionistas
- banistmo.com/acerca-de/informacion-corporativa/quienes-somos
- banistmo.com/wps/portal/banistmo/empresas/productos-y-servicios/cash-management/transferencia-internac
- assets.ctfassets.net/catp2t59asao/4sTbOCHUxxxE25u4IRetzY/23c1a490efa6056d3458d47c8272d055/Estado-Financiero-Ba
- elcolombiano.com/negocios/grupo-cibest-concreta-venta-banistmo-inversiones-cuscatlan-panama-DM38346005
- lagaceta.hn/grupo-financiero-bsc-concreta-la-compra-de-banistmo-y-refuerza-su-liderazgo-regional/
- infobae.com/panama/2026/06/26/compra-de-banistmo-por-inversiones-cuscatlan-recibe-el-visto-bueno-de-r
- nexo.la/cuscatlan-bsc-integra-banistmo/
- panamaamerica.com.pa/economia/banistmo-renueva-su-identidad-y-reafirma-su-compromiso-con-panama-1265647
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Aimeé Sentmat de Grimaldo Presidente Ejecutiva (Executive President)
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Panama
- Superintendency of Banks of Panama (Superintendencia de Bancos de Panamá) Prudential supervisorAML supervisorResolution
Recent events
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
Grupo Cibest completed the sale of 100% of Banistmo's shares to Banco La Hipotecaria, S.A., a subsidiary of Inversiones Cuscatlán Centroamérica.
elcolombiano.com ↗ -
Licence
The Superintendency of Banks of Panama authorised the transfer of 100% of Banistmo's shares to Banco La Hipotecaria, S.A. by Resolution SBP-BAN-R-2026-00378.
superbancos.gob.pa ↗ -
Merger / acquisition
Grupo Cibest announced an agreement to sell Banistmo to Inversiones Cuscatlán Centroamérica for about USD 1.418 billion.
elcolombiano.com ↗ -
Leadership
The Superintendency of Banks of Panama published a new board for Banistmo, with Mauricio Botero Wolff as chair.
superbancos.gob.pa ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- MIDLPAPAXXX
- How the BIC breaks down
- MIDLBank
- PACountry · Panama
- PALocation
- XXXBranch · head office
- Branch description
- PANAMA BRANCH
- LEI
- 549300E94AMW3HSSMU17
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Panama · Latin America & Caribbean
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- SOHO MALL, TORRE BANISTMO EDIFICIO SOHO FLOOR 8 CALLE 50 Y 54 PANAMA 0834-00076 PANAMA
- Operational address
- TORRE BANISTMO SOHO MALL CALLE 50 Y 54 PANAMA REP OF PANAMA PANAMA 0834-00076 PANAMA PANAMA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>MIDLPAPAXXX</BICFI>
<LEI>549300E94AMW3HSSMU17</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>MIDLPAPAXXX</BICFI>
<LEI>549300E94AMW3HSSMU17</LEI>
<Nm>BANISTMO S.A</Nm>
<PstlAdr>
<Ctry>PA</Ctry>
<AdrLine>SOHO MALL, TORRE BANISTMO EDIFICIO SOHO FLOOR 8 CALLE 50 Y 54 PANAMA</AdrLine>
<AdrLine>0834-00076</AdrLine>
</PstlAdr>
</FinInstnId>Swift’s two address fields do not agree on a town, so the full record gives the address as address lines only.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branch network
All 2 branch BICs connect to the head office. No city, function or registration year splits them into groups.
Hover over a branch or group to see its details
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| MIDLPAPA001 | SECURITIES | Panama | MARBELLA PLAZA HSBC 47 AQUILINO DE LA GUARDIA STREET PANAMA PANAMA PANAMA | — | 2025-05-03 |
| MIDLPAPACLN | COLON BRANCH | Colon | CALLE 15 SANTA ISABEL FLOOR GF COLON COLON POB 3256 PANAMA | — | 2025-05-03 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: banistmo.com (official website) · original.
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