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BAC Bank Inc. (Panama)

Main Activities: Commercial Banking
Full name: BAC Bank Inc. Profile Updated: April 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

BAC International Bank, Inc. was incorporated in 1995 as a banking institution in Panama. It belongs 100% to BAC International Corporation and this 100% to BAC Credomatic GECF, Inc. Since June 2009 it is a direct subsidiary of General Electric Company, which is the current ultimate parent. It provides financial services to individuals and institutions in Mexico, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama. The credit card transactions are made through CIC and its subsidiaries.

Headquarters
Torre BAC, Avenida Balboa, Esquina Calle 42 Y 43
Panama City; Panama City; Postal Code: 081602841

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Website: https://www.baccredomatic.com/es-sv

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1995
Key Executives
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President
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Vice President
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Treasurer
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Secretary
Ownership Details
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Subsidiaries
BAC Bahamas Bank Ltd. (Bahamas)
BAC International Bank (Cayman Islands)
BAC Leasing, Inc.
Company Performance
Financial values in the chart are available after BAC Bank Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net interest income
-43.16%
Net fee and commission income
-64.41%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-79.29%
Total assets
-0%
Deposits from customers
-0%
Total equity
0%
Cost to Income Ratio
-66.95%
Loans to Deposits Ratio
0%
Loans to Asset Ratio
0%

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