trending Market Intelligence /marketintelligence/en/news-insights/trending/zuwvuydhgzv9qlgjoccm-q2 content esgSubNav
In This List

BCT Bank International completes absorption of Panama's Balboa Bank & Trust

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


BCT Bank International completes absorption of Panama's Balboa Bank & Trust

Grupo Financiero BCT has completed the operations merger of Panama-based Balboa Bank & Trust Corp. and BCT Bank International SA, El Capital Financiero reported.

The merger of the banks' technology platforms wrapped up Sept. 2, with the products of Balboa Bank & Trust migrated to BCT Bank International.

The financial group acquired Balboa Bank & Trust in October 2017, following the bank's reorganization after facing sanctions from U.S. authorities over alleged ties to a Panama-based money-laundering network.