Within the framework of October 12, the date on which the National Bank of Panama celebrates its 118th anniversary, the entity announced that at the end of last September its Total Portfolio reached the figure of B/.6,007.8 million, an amount that is higher by B/.1,067.0 million when compared to the B/. 4,940.8 million obtained in the same period last year.
“In percentage terms, we refer to a growth of 22%, which represents an important achievement for the entire Banconal force that works daily to serve His Majesty The Client with the highest quality,” said Javier Carrizo Esquivel, General Manager of Panama national bank.
Of this sum, B/.4,909.7 million correspond to the private sector, which means 82% of the total portfolio. In absolute terms, a growth of B/.720.1 million can be observed, if we compare it with the B/.4,189.6 million obtained as of September 2021.
“In this way, the continuous support to all the productive sectors of Panama is demonstrated, giving main interest to the agricultural segment, promoting the food sustainability of our country and the mortgage sector, supporting Panamanian families,” Carrizo Esquivel highlighted.
It is worth noting that the Bank has achieved a capitalization of B/.200.0 million in three years, which means an increase of 30% of the capital contributed by the State. With this capitalization, Banco Nacional de Panamá ranks as the second Bank with the highest paid capital of the National Banking System.
Currently, Banconal has 92 branches throughout the national territory, distributed as follows: 19 branches in the Western Area (Chiriquí and Bocas del Toro), 28 branches in the Central Area (Coclé, Herrera, Los Santos and Veraguas), 45 branches in the Metropolitan Area (Colón, Panamá Oeste, Panamá, Darién and the Guna Yala region).
Additionally, the banking institution maintains a network of 348 ATMs nationwide, distributed as follows: 58 ATMs in the Western Area, 82 ATMs in the Central Area and 208 ATMs in the Metropolitan Area.
It is worth noting that the implementation of Banco Nacional’s Strategic Map continues to generate excellent results, since the institution was placed in the top 5 of the companies with the best reputation in Panama in the ranking made by Summa Magazine for Central America and the Dominican Republic. .
Marking a milestone in the history of the country, Panamanian banking was born on October 12, 1904, when the Banco Hipotecario y Prendario de la República was established in the incipient nation, with a capital of 500 thousand American gold pesos and six collaborators.
NATIONAL BANK COMMUNICATION
