We contribute to the growth of the financial sector, with participation in banks and insurance companies in Panama and the region.
Grupo ASSA is the majority owner of ASSA Compañía de Seguros SA, an insurance company with presence in Central America and Colombia, with the leading position in Panama and Costa Rica.
ASSA Group also includes holdings in banking and mortgage companies.
Banco General was founded in 1955, thanks to the vision of Panamanian businessmen who incorporated it as the first private bank with Panamanian capital.
It is currently the largest private Panamanian bank in the market, with a wide infrastructure of 76 branches and more than 600 ATMs, a bank in Costa Rica and representative offices in Mexico, Guatemala, El Salvador, Colombia and Peru.
Banco La Hipotecaria S.A. is a general license bank, domiciled in the Republic of Panama, with subsidiaries in El Salvador and Colombia, part of Grupo ASSA.
Banco La Hipotecaria is the only institution in Latin America that specializes exclusively in the origination, administration and securitization of mortgage loans.
Since it began operations in Panama, Republic of Panama in 1997, La Hipotecaria has become one of the most important providers of Panama mortgage loans to middle-income and lower-middle customers.