BAC International Bank Inc.
Number 2 of 39 banks in Panamá by local loans, data to Aug 2026. Every figure is as filed with the Superintendencia de Bancos de Panamá, and each traces to a document and its SHA-256 fingerprint.
US$9,145mLocal loans, Aug 2026
13.84%Of the system's local loans: number 2 of 39 banks
+72.8%Change in twelve months, including the book it absorbed from Multibank
NoneDeposit insurance in Panamá
Ownership
Who owns it, and what changed.
- Regional group: BAC (BAC Holding International / BAC International Bank). 99.9962% held by BAC International Corporation.
BAC corporate presentation, IIQ 2026, p. 3 (group structure) · BAC Holding International · sha256 0772b763cc64
Sister banks in the Register: BAC Credomatic Costa Rica (Costa Rica), BAC Credomatic (Honduras), Banco de América Central (El Salvador) - In Panamá: BAC, 13.8% of local loans.
- SBP authorises BAC International Bank's absorption of Multi Financial Group (Multibank); BAC survives.
Resolución SBP-BAN-R-2026-00284: merger by absorption of Multi Financial Group and Multibank into BAC International Bank · Superintendencia de Bancos de Panamá · sha256 50e97f2d4e93 - Banco de Bogotá completes the sale of 99.57% of Multi Financial Group (Multibank's parent) to BAC International Corporation for US$464 million.
Grupo Aval Form 20-F FY2025: sale of 99.569% of Multi Financial Group to BAC International Corporation, US$464 million · US SEC / Grupo Aval · sha256 b5f284ee4cb6 - Moody's credit opinion on BAC International Bank, 1 April 2026 (hosted by BAC, uploaded July 2026) · Moody's via BAC Credomatic · sha256 d3586691515b
- BAC achieves investment-grade rating from Fitch Ratings · BAC Credomatic · sha256 554cdc2295fd
- General licence · foreign
- Colombia
- Mar 1996
- 33
- As listed by the SBP. Capital origin is the regulator's label and can lag a change of owner.
Centro Bancario Internacional: bancos operativos, procedencia de capital, resoluciones (agosto 2026) · Superintendencia de Bancos de Panamá · sha256 89c016f270a7
Loans over time
BAC International Bank's loan book, Dec 2017 to Aug 2026.
| Date | US$ million |
|---|---|
| Aug 2026 | 9,145.0 |
| Dec 2025 | 5,400.1 |
| Dec 2024 | 4,861.7 |
| Dec 2023 | 4,423.7 |
| Dec 2022 | 4,045.3 |
| Dec 2021 | 3,937.6 |
| Dec 2020 | 3,679.1 |
| Dec 2019 | – |
| Dec 2018 | 3,749.6 |
| Dec 2017 | 3,569.9 |
Local loans (préstamo local), the bank's total local loan book. Year-ends and the latest month, in US dollars (balboas). Dollar figures above: SBP, balboas (= US$).
A dash: no figure for this bank that month, either none filed or a sheet the build leaves out. See the method
Safety net and sources
What stands behind a deposit here.
- No deposit insurance. The IMF's January 2024 assessment asked Panamá to create one, and a lender of last resort.
IMF Executive Board concludes 2023 Financial System Stability Assessment with Panamá (Press Release 24/03) · International Monetary Fund · sha256 21cc623ce089 - Sistema Bancario Nacional: saldo de créditos al comercio local por banco, incl. préstamo local total (ene 2017–ago 2026) · Superintendencia de Bancos de Panamá · sha256 0e795ed19722
- Cite as: Acta, The Register, BAC International Bank Inc., data to Aug 2026. https://www.actaregistro.com/register/panama/bac-international-bank
Right of reply
If something here is wrong, tell us.
Figures are printed as filed with the SBP. If you speak for BAC International Bank and believe a figure or an ownership line is wrong, write to us and to the supervisor; corrections are made in public.