Is It One Or Two Banks?
May 11th, 2007 by Don Ray
I was out paying bills today and this construction is going on next to Cable & Wireless so I took the photo. Now that I look at the photo I see both Banco Cuscatlan and Panabank. So are these two different banks sharing the same building? I don’t know, but it seemed strange to me.
Hello Don;
Panabank was the original bank, controlled by the Martinelli family with main operations in Panama City and Santiago. They continue to have cattle and large land holdings around Sona. The bank was purchased by a group out of El Salvador about 2 years ago, and continue to use both names.
There you go. The answer has arrived. Thanks Arnie.