List of Banks In Panama
List of Banks In Panama
- Panama Banks
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- 22 Comments
- Last Update: March 20, 2026
Our comprehensive List of Banks in Panama documents all active financial institutions as of the latest update.
Here, you will find a detailed list of all 54 banks, providing verifiable data and precise overview of the evolving Panamanian banking landscape.
List of Banks in Panama 2026
| Bank | Type | From |
|---|---|---|
| BAC | General License | Colombia |
| Banco Aliado | General License | Panama |
| Banco Azteca | General License | Mexico |
| Banco Davivienda | General License | Colombia |
| Banco de Bogota | General License | Colombia |
| Pacific Bank | General License | Honduras |
| Banco Delta | General License | Panama |
| Banco Ficohsa | General License | Honduras |
| Banco General | General License | Panama |
| Banco La Hipotecaria | General License | Panama |
| Banco Lafise Panama | General License | Panama |
| Banco Pichincha | General License | Ecuador |
| Banco Prival | General License | Panama |
| Bancolombia | General License | Colombia |
| Banesco | General License | Venezuela |
| BANISI | General License | Ecuador |
| Banistmo | General License | Colombia |
| Bank of China Limited | General License | China |
| BBP Bank | General License | Ecuador |
| BCT Bank | General License | Costa Rica |
| Bi-Bank | General License | Guatemala |
| BICSA | General License | Costa Rica |
| BLADEX | General License | Multinational |
| Canal Bank | General License | Panama |
| Citibank | General License | USA |
| Credicorp Bank | General License | Panama |
| Global Bank | General License | Panama |
| Keb Hana Bank | General License | South Korea |
| Mega International Commercial Bank | General License | Taiwan |
| Mercantil Banco | General License | Venezuela |
| Metrobank | General License | Panama |
| MMG Bank | General License | Panama |
| Multibank | General License | Colombia |
| Scotiabank | General License | Canada |
| St. Georges Bank | General License | Nicaragua |
| Towerbank | General License | Panama |
| Unibank | General License | Panama |
| ICBC | General License | China |
| ASB Bank Corp. | International License | Peru |
| Austrobank Overseas | International License | Ecuador |
| Banco Davivienda Internacional | International License | Colombia |
| Banco de Bogota | International License | Colombia |
| Banco de Credito del Peru | International License | Peru |
| Banco de Occidente | International License | Colombia |
| Bancolombia | International License | Colombia |
| BHD International Bank | International License | Dominican Republic |
| BPR Bank | International License | Dominican Republic |
| GNB Sudameris Bank | International License | Colombia |
| Inteligo Bank | International License | Peru |
| ITAU | International License | Brazil |
| Popular Bank | International License | Dominican Republic |
| BBVA Colombia | International License | Spain |
| Banco Nacional de Panama | State Bank | Panama |
| Caja de Ahorros | State Bank | Panama |
Understanding the Panamanian Banking Sector
The directory above outlines the banks actively operating within Panama’s banking hub. Our list of banks in Panama highlights key operational details for each entity, including the bank’s name, its specific license type, and its capital source.
For a deeper analysis of any specific bank, clicking the link provided beneath the bank’s name will direct you to its dedicated profile page with more detailed information.
Panama Banks Categories
To properly interpret the list, it is important to understand that Panama’s Banking Law classifies banking operations into three distinct categories:
- General License Bank
- International License Bank
- Representation Office License
Additionally, the sector includes two State-Owned banks. The detailed breakdown of these license types below clarifies the exact range of banking services each institution is legally permitted to offer within or outside the jurisdiction.
State-Owned Banks
The two state-owned banks featured in our List of Banks in Panama are recognized for their stability. These banks are wholly owned by the Government of Panama and operate exclusively within the confines of Panamanian territory.
General License Banks
The General License Bank is the most commonly used license type among the banks in our list, with approximately 70% of them falling under this category. These banks are licensed to conduct full banking operations both within Panamanian territory and internationally.
International License Banks
Comprising approximately 20% of the listed banks, the International License category represents a more specialized offshore segment. These banks are exclusively licensed to conduct banking business with non-residents, and they are prohibited from competing in the domestic Panamanian market.
Representation Office License
A Representation Office License is not an actual bank; it is a permit that allows an overseas licensed bank to establish a base in the Panama banking hub exclusively for promotional and informative purposes.
Because these offices are legally prohibited from performing any banking transactions, they are not included in our primary List of Banks in Panama and are documented in a separate directory.
More Information
For a more in-depth understanding of banking regulations, we encourage you to explore our Banking Law page, where we elaborate further on the pertinent rules governing the sector.
At Panama Banks Info, we are dedicated to offering our users comprehensive information on the Panamanian banking system. If you seek additional comparative statistics on the banking hub, we invite you to peruse our site. We appreciate your choice as your primary resource for all matters related to banking in Panama.
Banks Under Compulsory Liquidation
| Bank | Type | Resolution | Officer |
|---|---|---|---|
| The Bank of Nova Scotia | Voluntary | SBP-BAN-R-2025-00785 de 27 de noviembre de 2025 | Robert Antony Williams Cisneros |
| Allbank Corp. | Compulsory | SBP-205-2019 de 8 de noviembre de 2019 | Rafael Moscarella Valladares |
| FPB Bank Inc. | Compulsory | SBP-0057-2017 de 7 de abril de 2017 | Jaime de Gamboa Gamboa |
| Banca Privada D'Andorra (Panamá), S.A. | Compulsory | SBP-0015-2017 de 27 de enero de 2017 | Rafael Moscarella Valladares |
| ES Bank (Panamá), S.A. | Compulsory | SBP-BAN-R-2025-00408 de 9 de julio de 2025 | Edgardo Galarza Altamiranda |
| Atlas Bank (Panama) S.A. | Compulsory | SBP-BAN-R-2024-00093 de 29 de febrero de 2024 | Jaime de Gamboa Gamboa |
Historical Context
Looking for the archieve information?
You have finished reviewing the current registry. To see how these figures have evolved or to compare these current records against historical market data please refer to Historical Archives Pages.
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22 thoughts on “List of Banks In Panama”
Can i get a list of banks which opens account remotely my company is incorporated in UAE and Belize
Please note that regardless of where the company is incorporated, it is important to be aware that most banks require a physical branch visit to open an account. This is due to the local laws and regulations that mandate a KYC verification process for account opening. Therefore, it is unlikely that you will find a bank that allows remote account opening for your company.
Hello,
Could you please let me know if there is a bank that has affiliates in Dubai? I have a company in Dubai and Costa Rica and like to open a bank account in Panama.
Hello,
To our knowledge, there is currently no bank with affiliates in Dubai that allows you to open a bank account in Panama. However, there are alternative options available to you.
One option is to contact a local Panamanian law firm that specializes in assisting foreign companies with opening bank accounts. They can handle most of the paperwork and guide you through the process. It’s possible that at some point, you may need to make a brief visit to Panama to sign the necessary documents in person.
Alternatively, you can choose to handle the entire process on your own without the assistance of a law firm. However, this may require more time and effort on your part, as you will need to familiarize yourself with the legal requirements and procedures in Panama. Additionally, you may still need to make a few visits to Panama to complete the necessary steps.
It’s worth mentioning that opening a Panamanian company could be the most straightforward solution in your case. If your business activities are conducted outside of Panamanian territory and the income generated does not originate from Panama, it may not be subject to taxes in Panama. This option may offer additional benefits and flexibility for your company’s operations.
Good luck with your endeavor to open a bank account or establish a company in Panama!
Hiii dear
I want to open Bank account in Panama I am from Dubai United Arab Emirates kindly suggest which bank is best and can I open bank account remotely without physical presence.
Thank you
Unfortunately, we can’t recommend any particular bank as we must remain neutral and impartial about information related to Panamanian banks.
On the other hand, by law you can’t open an account remotely, banks in Panama are strict on this so they ask for a physical branch visit.
Is there a bank called ‘Offshore Bank of Panama’?
To our knowledge, only banks listed (by the date published) here are officially licensed to carry banking business.
Is Mr. Amaui Castillo still the Superintendent of Banks? if not,then who is? Is he in charge of the credit unions too? Thank you for answering these questions.
Hi Essie,
As long as we know, Mr. Amuri A. Castillo is currently and still the Superintendent.
About the credit unions, we can’t confirm or deny, as we don’t have any information about that subject.
Is there bank of America in Panama ?
Hi, no at the moment there is no Bank of America in Panama.
Is there a JP Morgan Chase or Deutsche Bank in Panama?
Hi Stephanie, sorry for the late response we will send the information to your email.
What is the safest and most used banks on Panama by USA expats?
Unfortunately, we can’t recommend any particular bank as we must remain neutral and impartial about information about Panamanian banks.
Is there HSBC in Panama City?
To our knowledge, only banks listed (by the date published) here are officially licensed to carry banking business.
In the past, there was an HSBC bank that was acquired/absorbed by another bank.
December 17, 2019
Hello, My name is Mildred Pratt. How do I contact the Superintendancy of Banks in Panama? Could I get a phone # and address please? Thank you for your time.
Mildred Pratt
Hello Mildred, the info has been sent to your email.
My wifes dad wants to give her cash in Panama to bring home to U.S. Should she go to a bank and get cashiers check ? Travlers check ?If yes which bank?
Unfortunately, we can’t recommend any particular bank as we must remain neutral and impartial about information about Panamanian banks.