| Headquarters: |
11 th Floor, MMG Tower, 53 rd Street Marbella, Panama City,
Republic of Panama |
| Fiscal Year |
30 september |
| Ratings: |
Fitch A- (pan) and F1 (pan) |
| Assets: |
US$223 Million |
Assets Under Management:
|
US$260 Million |
| Shareholder`s Equity: |
US$22.3 Million |
| Auditors: |
Deloitte, Inc. |
| Legal Advisors: |
Morgan & Morgan |
| Main Business Units: |
Wealth Management, Investment Banking and Banking Services |
| Website: |
www.mmgbank.com |
| Telephone: |
(507)-265-7600 |
| Employees: |
75 |
| Corporate Officers: |
Jorge Morgan V.-Chief Eexecutive Officer |
| |
Carlos Troetsch S.-Executive Vicepresident and Banking Services |
| |
Carlos Herrera J.-Chief Financial Officer |
| |
Dulcidio de la Guardia- Senior VP Wealth Management |
| |
Marielena Garcia Maritano-Senior VP Investment Banking |
| |
Olga Cantillo-Senior Vp Operations |
| |
Alvaro Tomas A.-Senior VP Business Development |
| |
Lissette Jiménez-Chief Risk Officer |
| |
Jose Castañeda-President, Audit and Risk Evaluation Committee |
| Subsidiaries: |
MMG Bank & Trust, Ltd ( Bahamas), MMG Asset Management,
Inc.,MMG Fund Services, Inc., Universal Leasing, Inc. |
| Financial ratios: |
ROAE: 20.5% |
| |
ROAA: 2% |
| |
Total Risk Based Capital: 26.25% |