Posts

Banesco Panama welcomes its new Executive President

-
Image
This past July 2 nd , 2019, a simple but elegant welcoming event took place at Ciudad de Panama ’s Bristol Hotel , where all of Banesco’s clients, friends and acquaintances were able to meet Mr. Alfonso Pietro , Banesco’s new Executive President and General Manager, replacing Carlos Alberto Escotet . During his introductory speech as Banesco Panama’s new C.E.O., he said: “I take this position with a clear commitment to continue growing together. Banks contribute clearly to any country’s economy, but in Banesco’s case, we are set apart thanks to our commitment to also helping the people, as we firmly believe that clients are the main reason behind the bank’s existence.” He also expressed his intentions to continue the work that Escotet started, which he considers is key when it comes to keeping the bank’s position . He also insisted that the work that has been done to place Banesco Panama in the seventh place when it comes to the country’s top banks will continue to
Read more

Fitch Ratings increases the score of The Dominican Republic’s Banesco Banco Múltiple

-
Image
The excellence of our team here at Banesco Banco Múltiple has once again been made clear after this past June 5 th , when Fitch Ratings increased our score to A+ (dom), in reference to the national risk score related to the long-term credits meant to be given in 2019. This speaks to the great capacity that our team at The Dominican Republic has when it comes to honoring financial commitments.
Read more

Banesco Banco Múltiple improves the tourism industry in the Domincan Republic

-
Image
    The Dominican Republic  is considered one of the four tourist-magnet Latin American countries, being Punta Cana and Bávaro the best places to  develop the tourist industry , this is the reason why  Banesco Banco Múltiple  recently performed a meeting with different persons that want to invest their money on  the tourism industry . This event is part of a series of discussions about different topics that this financial entity has planned for this 2019.   Punta Cana and Bávaro  are within the  best 10 beaches around the world  and they have the  Blue Flag environmental certification , an attestation that certifies the best beaches in the world.  Punta Cana  is a place that attracts a lot of tourists with its clear and turquoise waters, besides its white sand, it looks like a scene out of a fairy tale, it has mangrove forests and a lot of coconut palm trees. On the other hand,  Bávaro  is a beach with quiet waters that has hotels, restaurants, malls and attractive locations for
Read more

Banesco Panama succeeds in making its first international money transfer

-
Image
Banesco Panama is proud to announce the complete success of our pilot international money transfer test , made with Peru through the Ripple network’s Blockchain , a shared database that acts as a logbook for all types of transactions, including sales and acquisitions. The world of technology advances on the daily, and nowadays we can talk to people all over the world in a matter of seconds. This fast growth also applies to the banking world , which allows for transactions to be made from and to anywhere on the planet. This network is currently used by a large number of banking groups all over the world, including: Santander, Kuwait’s National Bank , CIMB Group – Asia’s fifth largest bank – two Australian banks and the Saudi Arabia Bank . The Ripple network is an Open Source virtual payment system that uses Blockchain technology in order to make real-time payments. Nowadays, it is considered the currency of all banks, since it is used by large financial entities all ove
Read more

Miami’s smallest Banks are protecting themselves

-
Image
The largest  banks  in Miami city have been regularly sold since 2018. Since then,  24 business agreements have been signed , in which the sales of TotalBank, F.C.B. Financial and Gibraltar Private Bank are included. TransCapital Bank, located in Sunrise, Florida, was likewise sold in March of this year, being acquired by the  Power Financial Credit Union by $655mil , in Pembroke Pines. TransCapital Bank  was a retail commercial bank found in South Florida with over $2.700mil in assets spread through 19 different offices in the Miami-Dade County, from where it offered its banking services to national and international corporations, small businesses and particular clients. F.C.B. Financial Holdings  sponsored many products and financial services to individuals, small, medium and large businesses, as well as other entities and organizations located in  South and Central Florida . Meanwhile, the smallest banks still in operation are making an effort to protect themselves and
Read more

Banesco U.S.A. joins forces with Plug and Play innovation platform

-
Image
In Banesco U.S.A. we have joined forces with the Plug and Play innovation platform in order to completely transform our digital presence . Plug and Play is an innovative, world-wide reaching digital platform that links young, potential-filled, growing businesses with the largest corporations in the world. Since its creation in 2006, its digital programs have been put in use all over the world, now boasting of over 28 locations where these startups receive financial support in order to continue growing and reach the same success that Silicon Valley has. Silicon Valley houses the largest corporations in the entire world , as well as thousands of small, growing businesses. While its name originally comes from the large number of silicon chip manufactures and innovators in the area, it now refers to all the high-tech companies that are located in the region. The term is currently used in reference to the U.S.A.’s high-tech sector. Silicon Valley is the heart of comput
Read more

Banesco USA Wins Business of the Year 2019

-
Image
Banesco USA is known for being a finance corporation committed to the public, and thanks to that, we were awarded with the 2019 Business of the Year Award by the South Florida Business Journal. This recognition fills us with joy, but also reinforces our desire to keep providing top quality services. The South Florida based journal is one of the main business publishers in the area. It covers everything related to the finance market world and, for us, it is an honor to be considered for Business of the Year 2019.  Banesco USA opened its doors in 2006 in Miami , Florida, with the idea to offer a series of financial services to provide solutions to our clients. We have the responsibility and commitment to offer businesses, families, and general public, all of our financial expertise alongside state-of-the-art technology and a professional team with vast experience and the willingness to offer a flawless service . This award is an acknowledgment to all our employees fo
Read more