National Bank of Panama

The National Bank of Panama (Banco Nacional de Panamá) (BNP), a Panamanian government-owned bank, is the largest banking institution in this nation. This bank is owned by the Government of Panama and, together with the National Banking Commission, provides both non-monetary and monetary regulatory policies as Panama does not have a typical central bank. It offers banking services to both residences and foreigners.

Each member of BNP must act according to fundamental ethical values in a uniform, coherent and permanent manner over time. They are obliged to bring the highest quality of care and service in order to fully meet the needs of their customers. Additionally, all employees constantly evolve so that BNP always generates value, at the forefront of digital and efficient processes.

BNP holds a combined deposit of over $10 billion and a foreign client has to deposit at least $5,000 to operate a bank account. Specifically, three essential strategic guidelines, which is clients, people and continuous improvement have been defined to achieve the goal set by 2024. Therefore, it is regarded as the strongest and most stable financial organization in this country.

Founded: 1911
Headquarter: Via España y Calle 55, Panama City
Website: https://www.banconal.com.pa/