1) Resolution SBP-0152-2018 of October 26, 2018, granted a no-objection to the transfer of 100% of the shares of GRUPO FINANCIERO GNB S.A. (PANAMÁ) to GILEX HOLDING S.A.R.L.
2) Resolution SBP-0155-2018 of October 31, 2018, authorized the transfer of 100% of the issued and outstanding shares of BANCO DEL PACÍFICO (PANAMÁ), S.A., held by BANCO DEL PACÍFICO, S.A., to PACIFIC BLUE OCEAN HOLDING INC., in accordance with the terms and conditions set forth in the proposed transaction.
3) Resolution SBP-0162-2018 of November 23, 2018, authorized the transfer of 99.9720% of the issued and outstanding shares of BANCO PANAMEÑO DE LA VIVIENDA, S.A. and subsidiaries, owned by GRUPO MUNDIAL TENEDORA, S.A., to GB AV INC., in accordance with the terms and conditions established in the proposed transaction.
Mergers
1) Resolution SBP-0010-2018 of February 1, 2018, authorized the Merger by Absorption between MMG BANK CORPORATION and UNIVERSAL LEASING INC., resulting in MMG BANK CORPORATION as the surviving company.
2) Resolution SBP-0045-2018 of April 19, 2018, authorized the merger by absorption abroad between BANCO PROMERICA GUATEMALA, SOCIEDAD ANÓNIMA and BANCO PROMERICA, SOCIEDAD ANÓNIMA, resulting in the latter being the surviving company.
3) Resolution SBP-0074-2018 of June 1, 2018, authorized the merger by absorption between BCT BANK INTERNATIONAL, S.A. and BALBOA BANK & TRUST, CORP., resulting in BCT BANK INTERNATIONAL, S.A. being the surviving company.
4) Resolution SBP-0120-2018 of September 17, 2018, authorized the merger by absorption between GLOBAL BANK CORPORATION and INMOBILIARIA ARGA, S.A. GLOBAL BANK CORPORATION will emerge as the surviving company.
5) Resolution SBP-0173-2018 of December 3, 2018, authorized the Merger by Absorption between ATLANTIC SECURITY BANK and CORREVAL PANAMÁ, S.A. in accordance with the terms and conditions of the proposed transaction, from which ATLANTIC SECURITY BANK will emerge as the surviving company.