New Panamanian Bank

©image: Mire.gob.pa

The request was submitted by a group funded with Panamanian capital and, as published in La Prensa which had access to view preliminary reports, the new finance company could be able to begin operations at the end of 2009.

This would be the third bank that is funded by Panamanian capital to enter the local banking system in the last year and a half. La Prensa adds in their article: “It is also known that several of the investors are related to the no longer existing Banistmo Group, which was sold two years ago to HSBC."

Source: Prensa.com

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