Panama Bank ListInformation about the Panama banking system
John Keith and Promerica bank owner 60 percent of aero post
John Keith, CEO of ‘’Banco Promotion’’ in Costa Rica and the James Fendell in Miami has been selling the parts from his business. James Fendell has 40 percentage of the share in aero post and John Keith has 60 percentage…
Diamond is getting dirty in Panama
The ISN security watch leaders has an arrangement for meeting to establish the first ever diamond exchange among the zone of Latin countries in panama city by the 13th October persuaded by the president. This is going to be the…
Market rise seminar from the SBP
Keeping the technical staffs that are specialist, the SBP has organized the market risk seminar to understand them by the October 19, Thursday 23. Angel Vilarino, the consultant and the Nuria Alonso had shares their great experiences in this international…
French banks will be losing Panama branch
The French based bank BNP, Paribas has announced officially to close the Panama branch by the year 2010 because they have found the panama in the list of tax havens. The economic corporation and development has recently produced the list…
Panama Will Propose a Multilateral Bank to Confront the Global Crisis
The perspectives of the Treaty of Commercial Promotion (TCP), between Panama and the United States and its approval by the United States Congress were discussed in the audience sustained between the President Martin Torrijos and the North American commercial representative…
Banco Central de Cuba has a new president
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…
Panama sees banking scandal
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…
Panama Banking System Begins to Moderate Growth, Consolidating Financial Margins
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…
Superintendant of Banks Participates in Meeting of Offshore Group of Banking Supervisors (OGBS)
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…
Panama, merchant of diamonds
For 15 years, the world federation of diamond bourses searched for a country in latin america to open a bourse. Panama’s advantages made it a favorable spot to open the world’s 28th diamond bourse. The initiative could become a reality…
