Panamanian Banking Industry increases assets by 35.5%

The high yield on financial income is due to the sustained increase of 26.7% in the loan portfolio.

Monday, August 4, 2008


©image: SBP

As of May 2008, the consolidated assets of the International Banking Center (CBI) totaled 73.7 billion Balboas, an increase of 35.5%; while on a bank-only basis, the assets continue to show a growing trend with a balance of 61.2 billion Balboas, representing an increase of 28.6%

More on this topic

14.6% Increase in Panamanian Banking Center Assets

January 2012

Banking Center assets recorded a total of $81.24 billion, an increase of $10.34 billion, 14.6%, more than in November 2010.

A press release from the Superintendency of Banks of Panama reads:

Banking Center assets totalled $81.24 billion, an increase of $10.34 billion (14.60%) when compared to November 2010.

Panamanian Banks Having a Great Time

March 2012

With average Return on Assets (ROA) of 2.30% and 20.28% on Equity (ROE) in 2011, there has been growth of 63% compared to profits in 2010.

Net earnings for January 2012 were $147 million, an increase of 62.9% compared to the same period in 2011, according to data from the Superintendency of Banks.

Panama: Global Bank Corp. increases its assets

August 2008

Total assets of the corporation are at around $1.71 billion, an increase of 40%.

Selling out is not on the agenda of the directors of Global Bank Corp., which occupies the number two spot for companies with Panamanian capital, especially now that it has ended the fiscal year with good results. The company has plans to continue seeking opportunities in the region and to double its international portfolio.

Private banking in Honduras surpasses $10.7 billion in assets

August 2008

Private banking in Honduras completed the first semester of 2008 with assets worth $10.74 billion, with first place going to the recently merged BAC-Bamer Bank.

This was revealed in the June report of the National Committee of Banks and Insurance (CNBS) which gathers information for the Financial Institution Supervision System.

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