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Banco Nacional de Panama's Overview

Total employees1523
HeadquartersPanama City
Founded1904

Banco Nacional de Panamá (Banconal) is the Republic of Panama's official state-owned bank. Established in 1904, it plays a crucial role in the country's economic development by providing a wide range of financial services to individuals, businesses, and government entities. Banconal is committed to financial inclusion, supporting national projects, and maintaining stability within Panama's robust financial sector. It operates an extensive network of branches throughout the country, ensuring accessibility for all Panamanians.

Where is Banco Nacional de Panama's Headquarters?

HQ Function

Serves as the central administrative and operational hub for all banking activities, strategic planning, and policy implementation for the national bank.

Notable Features:

The Torre Banconal is a modern high-rise building, a recognizable landmark in Panama City's skyline, symbolizing the bank's strength and stability. It houses advanced banking technology and modern office facilities.

Work Culture:

A professional and service-oriented environment, blending traditional banking values with modern practices. As a state entity, there's an emphasis on public service, regulatory compliance, and contributing to national progress. Employees often experience a stable work environment with opportunities for development within the public financial sector.

HQ Significance:

The headquarters is the nerve center of Panama's primary state financial institution, playing a vital role in the nation's economy, acting as a fiscal agent for the government, and supporting the development of the national banking system.

Values Reflected in HQ: The headquarters' design and operations reflect values such as solidity, modernity, transparency, national pride, and commitment to serving the Panamanian people and economy.

Location:

As Panama's national bank, Banco Nacional de Panamá primarily focuses on domestic operations. Its global presence is mainly characterized by correspondent banking relationships with international financial institutions to facilitate international trade, remittances, and foreign currency transactions for its clients. It does not typically operate a network of international branches for general retail or commercial banking, but rather supports Panama's engagement with the global financial system from its home base.

Street Address:

Torre Banconal, Vía España y Calle Manuel M. Icaza

City:

Panama City

State/Province:

Panamá

Country:

Panama

Banco Nacional de Panama's Global Presence

David, Chiriquí, Panama

Address: Avenida Central y Calle D Norte, Edificio Banconal, David (Representative Address)

Support local economic activities, facilitate commerce, promote agricultural development, and extend financial services to the western region of Panama.

Colón, Colón, Panama

Address: Calle 10 y Avenida Central, Edificio Banconal, Colón (Representative Address)

Provide financial services to international trade businesses, logistics companies, and the local population in this vital economic zone on the Caribbean coast.

Nationwide, Panama

Address: Over 90 branches and numerous ATMs across all provinces and major districts.

To achieve national financial inclusion, support regional development, and provide convenient banking access throughout the country.

Buying Intent Signals for Banco Nacional de Panama

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Banco Nacional de Panama

As of April 2025, Banco Nacional de Panama' leadership includes:

Javier Carrizo Esquivel - Gerente General (General Manager)
Sergio Sáenz - Subgerente General de Negocios (Deputy General Manager of Business)
Milciades Denis - Subgerente General de Operaciones y Finanzas (Deputy General Manager of Operations and Finance)
Diana De La Guardia C. - Subgerente General de Administración y Capital Humano (Deputy General Manager of Administration and Human Capital)

Investors of Banco Nacional de Panama

Banco Nacional de Panama has been backed by several prominent investors over the years, including:

Estado Panameño (The Panamanian State)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Over the last 12 months, Banco Nacional de Panamá's core executive team, including the General Manager and Deputy General Managers, has demonstrated stability with no major publicly announced hires or departures. Any changes in the Board of Directors are typically aligned with governmental appointments and cycles and are not included here as operational executive changes.

Technology (Tech Stack) used by Banco Nacional de Panama

Discover the tools Banco Nacional de Panama uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Banco Nacional de Panama Email Formats and Examples

Common email formats for large organizations like Banco Nacional de Panamá typically involve combinations of the employee's first name initial and last name. The domain used is @banconal.com.pa.

[first_initial][lastname]@banconal.com.pa

Format

jcarrizo@banconal.com.pa

Example

75%

Success rate

News and media

Fitch RatingsMay 9, 2024

Fitch Affirms Banco Nacional de Panamá at 'BBB-'; Outlook Stable

Fitch Ratings affirmed Banco Nacional de Panamá's (Banconal) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'BBB-' with a Stable Outlook. The affirmation reflects Banconal's strong linkage to the Panamanian sovereign, its systemic importance, and stable financial profile....more

Presidencia de Panamá (Noticias)February 20, 2024

Banco Nacional de Panamá Achieves Historic B/.700 Million in Agricultural Portfolio

Banco Nacional de Panamá announced its agricultural loan portfolio surpassed B/.700 million, a historic milestone, underscoring its commitment to supporting Panama's agricultural sector and contributing to national food security....more

Banco Nacional de Panamá WebsiteApril 29, 2024

Banconal and Ministry of Housing sign agreement for Social Residential Gradualness program

Banco Nacional de Panamá and the Ministry of Housing and Territorial Planning (Miviot) signed an inter-institutional cooperation agreement to facilitate the 'Gradualidad Residencial Social' (Social Residential Gradualness) program, aiming to provide housing solutions....more

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