The Léon Jimenes family, which controls the León Jimenez Group, Ltd is better known for its distribution in the Dominican Republic of Marlboro cigarettes, as well as for their Aurora cigars and Presidente beer brands operations.
[1] The current president of the bank is Mr. Carlos Guillermo León, and its corporate headquarters are in Santo Domingo, Dominican Republic.
In an effort to obtain greater efficiency, during the 2005 Banco León consolidated credit card operations with those of the bank, relocated automatic branches and tellers to strategic locations and unified service centers.
[2] Recently, the Exchange Superintendence of the Dominican Republic announced on March 25, 2006, its approval for Banco Léon to issue public bonds for a total of RD$306 million.
The recently approved bonds for Banco Leon were the first of 2006, with the offer mainly being addressed to institutional investors, pension funds and insurance companies.