Stock Report: International Bancshares Corp. (IBOC) Report Updated: May 20, 2013 | Print This Page

International Bancshares Corporation, a financial holding company, provides commercial and retail banking services in south, central, and southeast Texas; and Oklahoma. It accepts checking and saving deposits, as well as demand and time deposits from individuals, partnerships, corporations, and public entities; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides international banking services, including letters of credit, commercial and industrial loans, and currency exchange. In addition, it offers other banking related services, such as credit cards, travelers’ checks, and safety deposits; collection, notary public, and escrow services; and Internet banking services. As of May 7, 2012, International Bancshares Corporation operated 215 facilities and 378 automated teller machines serving 88 communities in Texas and Oklahoma. Further, the company, through its non-banking subsidiary, IBC Life Insurance Company, reinsures credit life, accident, and health risks related to loans made by bank subsidiaries. International Bancshares Corporation was founded in 1966 and is based in Laredo, Texas.