Alcogal advises Grupo Cibest on the closing of the sale of Banistmo to Grupo Financiero BSC.
We advised Grupo Cibest S.A., the Colombian financial holding company, parent company of Bancolombia and selling shareholder of Banistmo S.A., one of Panama’s leading banks with more than 600,000 clients, throughout the process that culminated, on June 30, 2026, in the closing of the sale of 100% of the shares of Banistmo and all of …