Investors buys Pacific National Bank shares

Four private investors bought 100% shares of the Pacific National Bank (PNB) in Miami. This was announced on Monday,November 3 by Efraín Vieira, Executive President of Banco del Pacifico.

The four investors are Stephen H. Deckoff, Leslie A. Meier, Mounir Nahas and Michael P. Moreno. The purchase price was not disclosed. Through a press release, sent by Banco del Pacífico, it is noted that under its new owners, the PNB will continue to serve its Ecuadorians custumers.

It will also expand its model of community bank through lending and deposit collection activities.