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Grupo Financiero Bg S.A. (Panama)

Main Activities: Management of Companies and Enterprises
Full name: Grupo Financiero Bg S.A. Profile Updated: May 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Grupo Financiero Bg S.A. is a public company located in Panama. It was founded in 1955 as the first privately-owned Panamanian bank. The company offers a wide range of products and services to its customers, including over 70 branches, more than 600 ATMs nationwide, phone and chat support, and a top-notch digital platform. They also have a bank in Costa Rica with 8 branches and representation offices in Guatemala, El Salvador, Colombia, and Peru. With a workforce of over 4,500 employees, they serve more than 1.6 million customers through various channels. Banco General was the first Panamanian bank to obtain an International Investment Grade from Fitch Ratings and Standard and Poor's in 1997, a rating they have maintained continuously. They also have an Investment Grade from Moody's since 2017. Grupo Financiero BG, S.A. is the holding company that owns 100% of the shares of Banco General and its subsidiaries. It is a publicly traded company on the Latin American Stock Exchange (Latinex). For over 65 years, Banco General has operated with strong financial discipline, a corporate culture based on values, and a commitment to serving customers and the community with excellence. These principles define their success and trajectory.

Headquarters
Calle Aquilino De La Guardia Y Avenida 5Ta B Sur
Panama; Panama; Postal Code: 081600843

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Website: http://www.bgeneral.com/grupo-financiero-bg

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2007
Key Executives
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President
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Vice President
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Secretary
Ownership Details
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60.38%
Subsidiaries
B. G. Investment Co., Inc. Y Subsidiarias
100%
Banco General (Costa Rica), S. A (Costa Rica)
100%
Banco General S.A. (Panama City)
100%
Company Performance
Financial values in the chart are available after Grupo Financiero Bg S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PAB. Absolute financial data is included in the purchased report.
Net interest income
18.25%
Operating profit (EBIT)
30.38%
Net Profit (Loss) for the Period
26.89%
Total assets
1.74%
Total equity
11.86%
Total Assets Trend
N/A
Net Interest Income Trend
6.24%
Loans to Deposits Ratio
1.85%
Loans to Asset Ratio
0.52%

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