Citibank, the new brand
El Salvador is the second country to join the Citigroup network in Central America; the plan should be completed in the last quarter of this year and includes Panama.
Wednesday, September 10, 2008
The full Citibank network started to function fully yesterday and is made up branches that belonged to Cuscatlan Bank and Bank Uno
Citigroup cemented the legal fusion of Banco Uno and Cuscatlan Bank in Panama today. These brands will now be removed from the market.
The Superintendence of the Financial System will announce next week whether or not both entities can begin to operate as Citibank, after their merger.
Starting today Costa Rica becomes the fifth country in CA where the Cuscatlan and Banco Uno Banks started to operate under the Citibank name.
Citibank got the approval of the Salvadoran authorities to integrate the operations of Banco Uno Bank and Cuscatlan Bank.
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