Grupo Cibest acuerda la venta de Banistmo en Panamá a Inversiones Cuscatlán
En línea con su compromiso de crecimiento sostenible y evolución corporativa, Grupo Cibest (matriz de Bancolombia) informó que alcanzó un acuerdo con ...
TL;DR
- Grupo Cibest will sell 100% of Banistmo's shares to Inversiones Cuscatlán Centroamérica.
- The sale is a strategic decision to optimize Grupo Cibest's portfolio and focus on regional growth.
- Banistmo will enter a new development stage under Inversiones Cuscatlán's strategy.
- The operation includes all of Banistmo's subsidiaries and is subject to regulatory approvals in Panama.
- Grupo Cibest will maintain its presence in Panama through Bancolombia Panamá (offshore bank) and Cibest Capital.
- Inversiones Cuscatlán has experience in strengthening financial institutions in Latin America.
- The transition is designed to ensure continuity of services, operational stability, and consistent offerings for Banistmo's clients.
- Grupo Cibest previously acquired Banistmo from HSBC in 2013 for US$2.1 billion.