Largest Banks in Panama

Following are the largest banks in Panama ranked by total assets in billions of US dollars. BAC International is the largest Panamanian bank in terms of assets. The 15 largest banks in Panama hold combined assets of US$140 billion.

Rank Bank Total assets (USD bn) *
1 BAC International Bank Inc 31.10
2 Banco General 18.41
3 Bancolombia (Panama) 16.11
4 Banco Nacional de Panama 14.60
5 Banistmo 10.97
6 Bladex ** 9.28
7 Global Bank Corporation 8.40
8 Caja de Ahorros 6.12
9 Multibank *** 5.03
10 Banesco Panama 4.79
11 Banco Aliado 3.85
12 Mercantil Holding 3.55
13 Bank of China Panama 2.94
14 ASB Bank Corp 2.17
15 BICSA Panama 2.00
* Total assets as of December 31, 2022, unless otherwise noted.
** Bladex is abbreviation of Banco Latinoamericano de Comercio Exterior S.A.
*** Assets as of June 2023

Last updated December 1, 2024