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Mergers and Acquisitions 2009

  1. Resolution SBP 54-2009 dated 16 February 2009.
    To grant an extensionuntil June 30, 2009 for HSBC BANK (PANAMÁ), S.A. and PRIMER BANCO DEL ISTMO, S.A. to complete all of the legally-required acts for the execution of their merger.
  2. Resolution SBP 53-2009 dated 12 February 2009.
    To authorize METROBANK, S.A. to assume all assets and liabilities of FINANCIERA RAPID CASH, S.A., CORPORACIÓN UNIVERSAL DE CRÉDITO, S.A. and FIRST UNION CORPORATION, by means of the Merger by Absorption Agreement dated 25 November 2009.