Panama

The Inter-American Development Bank ( IDB ) has signed a $15 million loan to provide the Panamanian unit of Spain's

HSBC has expanded into Central America with the acquisition of Panama-based Grupo Banistmo for

First quarter earnings at Panama-based trade finance bank Bladex dived compared to quarter one 2005, the company said in its quarterly earnings statement

General's subsidiaries include factoring and leasing companies, insurance companies, a brokerage house and a trust unit

Financial group Grupo Financiero Delta has acquired 100% of local leasing company Capital Leasing & Finance for an undisclosed sum, according to a report in the daily newspaper La Prensa.

Panama's Panabank is set to extend its operational reach within Central America through the acquisition of a local financial institution with a deal to be closed before end-2003according to Panabank's executive vice president, Guido Martinelli.

Panamanian payment guarantee companies have asked the government for greater regulation of their sector, local daily El Panama reported.