The State Council of Cuba Ernesto Medina Villaveirán appointed as new chairman of the Central Bank (BCC), replacing Francisco Soberon Valdes’ request for itself, “according to a press release yesterday.
Soberon, who played that position nearly 15 years with…
On Tuesday the Texas Bank’s customers started withdrawing their deposited funds from the bank and there was a huge panic when the news of fraudulent by Robert Allen Stanford, the only share holder of Texas Bank, was released in the…
As of February, 2009 the Panama Banking System began to moderate its growth, consolidating its financial margins, which will guarantee its stability, solidity and safety.
The smaller growth of the assets is a result in great measure to the…
As part of the program of training and updating for banking entities with general licences, the SBP held the seminar: “System of Attention to Complaints”, with the result of imparting knowledge on the Modifications of the Panamanian Banking Regime (Title…
The Superintendant of Banks of Panama, Engineer Olegario Barrelier, participated in a meeting of the Offshore Group of Banking Supervisors (OGBS) that was held in London, England from March 30 to March 31 of 2009.
During the meeting, topics…