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In 2016, Credomatic de México S.A. de C.V., a subsidiary of BAC International Inc., signed a contract to transfer to Banco Invex S.A. its Mexican credit cards business [4] In 2017 the group started to use BAC Credomatic as brand for all their bank and credit card services, using a new modern logo. [citation needed]
This is a list of banks in Dominican Republic as of November 2010, published by the Bank Superintendency, including credit unions and other financial services companies that offer banking services and may be popularly referred to as "banks".
The bank was founded in 1963, [3] (some sources say 1964) by Dominican banker Alejandro Grullón. He was president of the company for 25 years. In 1990, Grullon's son, Manuel Alejandro Grullón, was elected president of the bank. He has held that position ever since. In 1998, Banco Popular Dominicano founded a television channel, CDN 37.
Manuel Alejandro Grullón Viñas (born 9 May 1953) is a businessman from the Dominican Republic.In April 2014, he was appointed the Chairman of Grupo Popular, a company whose subsidiaries include Banco Popular Dominicano, the largest private bank in the Dominican Republic. [2]
The National Bank of Panama (Spanish: Banco Nacional de Panamá) (BNP) is one of two Panamanian government-owned banks. As of January 2009, it held deposits of about US$5 billion. The other government-owned bank is Caja de Ahorros de Panamá (Savings Bank of Panama), with about US$1 billion in total deposits.
The 1970s also saw a giant step in the development of Banco Popular as Puerto Rico's biggest bank, when it bought two-thirds of the Banco de Crédito y Ahorro Ponceño. [citation needed] Through this purchase, Popular entered the credit-card industry. During the following decades, Banco Popular put great of emphasis on the company's public image.
The BHD Bank (also known as Banco Múltiple BHD, S.A [2]) is a private financial and mortgage bank in the Dominican Republic, founded by Samuel Conde and a group of entrepreneurs on July 24, 1972. Since then, it has formed numerous partnerships and acquisitions with other financial organizations in the country. [ 3 ]
Grupo Banistmo was a Panamanian financial services company, and the largest in Central America.It was founded in 1984. In 1999 it began an expansion strategy that has resulted in the acquisition of banks in several Central American countries, as well as Colombia and the Bahamas.