Assets and deposits of banks increased

The International Banking Center of Panama closed July with assets of $ 118 000 602 million, representing an increase of 2.7% compared to the previous year. Local loan portfolio increased 10%. The Superintendent of Banks of Panama, Ricardo Fernandez said that “the lending business maintained a positive pace and more importantly it continues robust economic Read more about Assets and deposits of banks increased[…]

WTO appoints arbitrator in case Panama – Colombia

The World Trade Organization (WTO) Giorgio Sacerdoti appointed as arbitrator define the deadline for Colombia complies with the ruling in favor of Panama by the issue of tariffs Footwear and textiles. Sacerditi, and in 2009 he served as a panelist by similar circumstances but in a previous case and on that occasion gave a period Read more about WTO appoints arbitrator in case Panama – Colombia[…]