Banesco Panamá is the quiet giant of the Panamanian banking scene—a Spanish-owned lender that has grown from a niche player into one of the country’s three most profitable private banks in under two decades. Full nameBanesco (Panamá), S.A. Tickers / exchangeBANE.PA / Latinex (Panama) HeadquartersPanama City, Panama SectorBanking EmployeesNot published in available annual reports Market value (market cap)Not publicly traded (100% privately held) Yearly sales (revenue)Not published as a standalone line; average total operating income ~US$186 million per year (Fitch, 2025) Net profit (2024)US$63.4 million Total assets (2024)US$5.6 billion Net …
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