- Transfer of the shares of BANCO SANTANDER (PANAMÁ), S.A. owned by BANCO SANTANDER (COLOMBIA), S.A. to HOLBAH MERCHANT COMPANY LIMITED, indirectly owned by BANCO SANTANDER, S.A. of Spain. Resolution S.B. 1-98 dated 25 June 1998.
- Merger by absorption of FINCOMER ANCHOR, S.A. by COMMERCE OVERSEAS BANK, S.A. Resolution S.B. 16-98 dated 3 September 1998.
- Transfer of the assets, liabilities and operations of NATIONSBANK of TEXAS to NATIONSBANK. Resolution S.B. 18-98 dated 3 September 1998.
- To authorize the merger by absorption of the assets of INVERSIONES KATZEN, S.A. by BANCO BILBAO VIZCAYA (PANAMÁ), S.A. Resolution S.B. 47-98 dated 15 December 1998.
- Indirect stock transfer abroad from BANCO REAL, S.A. to ABN AMRO BANK N.V. group. Resolution S.B. 54-98 dated 30 December 1998.
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