I was not talking about ownership, but rather the type of banking system that there is in Panama. Sorry you missed the whole point of my answer to the obviously erroneous implication in the post I was addressing as to "What's up with this?". The ski is not falling because of a announced routine upgrade over the weekend.
Sorry for the confusion I created in your mind. Maybe this will help:
Panama Banks
Commercial local banks
Banco General (merger between Banco General y Banco Continental) Global Bank Multibank Metrobank Banco Universal Banvivienda (part of Grupo Mundial) Bancafé Banco Aliado Credicorp Bank Government-owned banks
Banco Nacional de Panama Caja de Ahorros Banco de Desarrollo Agropecuario Foreign-owned banks
HSBC (a merger between Panama's largest banking group Grupo Banistmo and HSBC Panama) Citibank (a subsidiary of Citigroup which merged with Banco Uno and Banco Cuscatlan) Banco Bilbao Vizcaya Argentaria Banco Atlantico Panama (a subsidiary of Banco Santander) Scotiabank
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