(Prensa.com) The assets of the International Banking Center (CBI) of Panama in the first half totaled 75.758 million dollars, 15.13% compared with the same period in 2010, said Friday the Superintendency of Banks of Panama (SBP). Meanwhile, the national banking system's assets reached 60.912 million dollars, 12.53% more than in the first half of last year, according to the … [Read more...]
The International Banking Center of Panama rose 14.13% in first quarter
(Panama America) The assets of the International Banking Center of Panama grew by 14.13% in the first quarter of 2011, to reach U.S. $ 73355.08 million, compared to 64,273.93 million reported in the same period of 2010, reported the Superintendency Bank of Panama (SBP). Assets grew in the first three months of 9081.15 million dollars, compared with the same period last … [Read more...]
Panama: Financial Center Will Dominate the Region
(International Living) Panama’s economy grew some 7% in 2010, fulfilling predictions that Panama would be one of the countries in the region least affected by the global financial crisis According to the Panama Bank Superintendancy, this country is well on its way to becoming the region’s chief financial hub. Panama has just been chosen as the site of the Central … [Read more...]
Panama Banking and US Free Trade Agreement
(Sovereign Man) One of the things that always intrigued me about Panama is how quickly this place moves… it was among the first things that I noticed when I first started coming here almost 10-years ago– there’s always something major happening. Landing at Tocumen airport last night, right off the bat I noticed some recent upgrades since my last trip here several months … [Read more...]