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Mergers and Acquisitions 2001
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Mergers and Acquisitions 2001
- To authorize Banco Continental de Panamá, S.A. to acquire all shares of Norfolk and Hampton Bank. Resolution 30-2001 dated 16 July 2001.
- To authorize the transfer of Dresdner Bank AG’s shares to Allianz BankBeteilung GmbH, such that Allianz AG will acquire control of Dresdner Bank AG. Resolution 32-2001 dated 28 June 2001.
- To authorize the transfer of the assets and liabilities of ABN AMRO Bank, N.V. (Panamá) to Banco Mercantil del Istmo, S.A. Resolution 38-2001.
- To authorize the merger by absorption of Primer Banco del Istmo, S.A. and Primer Banco de Ahorros, S.A., under a “Merger Agreement” whereby the former will absorb the latter, assuming all of its assets, liabilities and equity. Resolution 58-2001 dated 19 September 2001.
- To authorize Popular Bank & Trust, LTD. to acquire all of the shares of Popular Bank Cayman Limited. Resolution 72-2001 dated 9 November 2001.
- To authorize Banco Continental de Panamá, S.A. and Financial Holding Company, S.A., to merge under a “Merger Agreement” whereby the former will absorb the latter, assuming all of its assets, liabilities and equity. Resolution 79-2001 dated 7 December 2001.
- To authorize Grupo Financiero Continental, S.A. and Empresas Financieras Continental, S.A. to merge under a “Merger Agreement” whereby the former will absorb the latter, assuming all of its assets, liabilities and equity. Resolution 80-2001 dated 7 December 2001.
- To authorize Bancrédito (Panamá), S.A. to acquire all shares of Bancredit Cayman Limited, currently a wholly-owned subsidiary of GFN International Investment, Corp. Resolution 81-2001 dated 12 December 2001.