Transfers
- S.B.P. Resolution No. 0041 of April 14, 2014, authorized the transfer of 100% of the shares of BANISI, S.A., owned by BANCO DE GUAYAQUIL, S.A., to BANISI HOLDING S.A., in accordance with the terms established in the proposed transaction.
- S.B.P. Resolution No. 0060-2014 of May 20, 2014, authorized the transfer of 55% of the shares of BANCO DE LA PRODUCCION, S.A., which, in turn, owns 100% of the shares of PRODUBANK (PANAMÁ), S.A., to PROMERICA FINANCIAL CORPORATION, in accordance with the terms established in the proposed transaction.
Mergers
- S.B.P. Resolution No. 0078-2014 of June 18, 2014, resolved: (i) To recognize the effects, as applicable, of the merger by absorption carried out abroad between MERRILL LYNCH BANK (SUISSE), S.A. and BANK JULIUS BAER & CO. LTD., through which BANK JULIUS BAER & CO. LTD. absorbed MERRILL LYNCH BANK (SUISSE), S.A.; (ii) To authorize the change of corporate name in the Public Registry of Panama of MERRILL LYNCH BANK (SUISSE), S.A., to BANK JULIUS BAER & CO. LTD., which will retain the Representation License authorized by S.B.P. Resolution No. 114-2006 of November 9, 2006.
- S.B.P. Resolution No. 0158-2014 of December 3, 2014, authorized the merger by absorption agreement between BAC INTERNATIONAL BANK, INC. and BANCO BAC DE PANAMÁ, S.A., leaving BAC INTERNATIONAL BANK, INC. as the surviving company.
- S.B.P. Resolution No. 0168-213 of December 23, 2014, recognizing the effects, as applicable, of the merger abroad of CORPBANCA and BANCO ITAÚ CHILE, resulting in the indirect change of control of HELM BANK (PANAMÁ) S.A. in the Republic of Panama.