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Panama is known as the ‘Latin American Singapore’ for its successful economic evolution... (more…)
#Alvantia#Roberto Gutiérrez
Although Panama is lagging behind other countries such as Brazil, Mexico and Colombia... (more…)
#bank#financial services#IMF
Agreement to assist production, processing, and trade of commodities in nine countries across Latin America (more…)
#bank#emerging markets#international
Banistmo, a new bank which is part of Grupo Bancolombia, will offer factoring among other services. (more…)
#acquisition#bank#banking services
The International Finance Corporation (IFC) will provide a five-year US$6 million loan to Banco Delta S.A. (BMF), Panama's largest microfinance…
The State National Bank of Panama announced it would start factoring operations in September this year. (more…)
#bad debts#bank
According to various expert assessments, the Panamanian factoring market has been growing 10-20pc per year. (more…)
The State National Bank of Panama (BNP) plans to venture into factoring in 2014. (more…)
#bank#banks#Corporate banking
Since its launch in 2008, the Trust Fund for the Financing of Competitiveness has provided US $9.6 million worth of…
#bank#exports#financial services
It has been reported that Bladex, the Foreign Trade Bank of Latin America, is currently in the process of completing…
#acquisition#bank#commercial finance
The Inter-American Development Bank ( IDB ) has signed a $15 million loan to provide the Panamanian unit of Spain's…
#bank#financial services#international
HSBC has expanded into Central America with the acquisition of Panama-based Grupo Banistmo for (more…)
First quarter earnings at Panama-based trade finance bank Bladex dived compared to quarter one 2005, the company said in its quarterly…