History
MMG Bank is a financial and strategic advisory company with banking, brokerage, and fiduciary licences, focused on institucional and private clients. MMG Bank is an active member of the Panama Stock Exchange and has offices in both Panama and The Bahamas.
MMG Bank was founded in 1996 as a venture into the financial services industry led by partners of the panamanian law firm Morgan & Morgan. Since its beginnings, it has operated as an independent company.
MMG Bank was founded in 1996 as a venture into the financial services industry led by partners of the panamanian law firm Morgan & Morgan. Since its beginnings, it has operated as an independent company.
1996
MMG Bank obtains banking license in The Bahamas.
2002
MMG Bank obtains general banking license and starts operations in Panama.
2002
MMG Bank obtains brokerage license through its subsidiary MMG Asset Management.
2003
MMG Bank obtains Qualified Intermediary (QI) status.
2005
MMG Bank obtains brokerage license.
2006
MMG Bank becomes a member of the Panama Securities Exchange (BVP).
2017
Fitch Ratings assigns international investment grade rating of BBB- to MMG Bank.
2018
Quantia AFP, a subsidiary of MMG Bank starts operating as a pension fund manager.
2019
MMG Bank serves as advisor and structuring agent for the first Green Bond issuance in Panama.
2020
MMG Bank serves as advisor and structuring agent for the first green bond issuance in Central America to be certified by the Climate Bonds Iniciative.