Global Bank, a 100% Panamanian bank, started operations on June 30, 1994, originally conceived as a purely corporate bank; However, given the considerable growth of the early years and with the vision of being a major player in the Panamanian financial sector, in 1999 we acquired 100% of the capital stock of Colabanco, becoming the first banking group to start mergers and bank acquisitions in Panama.
This transaction tripled Global Bank's assets from 135 million to 454 million; Since 1999, Global Bank's growth rates have been consistently higher than those of the industry. In year 2006 Global Bank reaches one billion in assets and inaugurates its Headquarters, located in 50th Street.
With 23 years of operations, we can proudly say that we are a private bank of Panamanian capital in volume of assets and that at present we have 36 branches and 9 Express Centers nationwide.
We thank all our clients, collaborators and shareholders for the trust they have placed in our Bank, which has allowed us to continue supporting Panama's socio-economic development every day.