The Panamanian subsiadiary Banistmo is set to receive $100 million from Bancolombia this year.
Most of its main resources will locate in the new corporate hub and real estate development in banking area of Panama City, Soho center.
The president of Bancolombia, Carlos Raul Yepes, is at the moment in New York, representing for the company’s 20th anniversary in the US stock market.
Two years after acquisition of HSBC Panama at $2.2. billion, Bancolombia becomes the leading financial group in Central America with more than $15 billion in assets.
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