Carlos A. Araúz García
in Central America
Friday, August 19, 2011
The National Highway Company (ENA in Spanish) has issued certificates on the stock exchange in order to raise funds for the South Corridor for the company ICA.
Using debt bonds, with one series placed on the international market and another in the local market, the ENA was able to raise $225 million in the local market at a rate of 5.25% and $170 million in the international market at 5.75%.
Thursday, July 29, 2010
The investment responds to a change in the branch infrastructure with greater movement in the country.
The head of HSBC Panama announced the investment, adding that, "it is work in progress. What we are seeking is to enable customers to get access to all the bank's services," reports Prensa.com.
Tuesday, May 26, 2009
Profitability drops as asset liquidity increases, but liquidity is what ensures the life of the banking business and their customers' money.
Panamanian banks have not used the extra funds that the financial incentive program (PEF) made available to them in order to stimulate lending. In addition, it must be considered that said funds are very expensive, and they have simply not been needed.
Tuesday, October 28, 2008
The rise in the cost of money, which was announced as an adverse consequence of the lack of liquidity on the global stage, is being felt in the country.
The rules of the game have changed. One month ago there was talk about the possible effects that Panama would feel from the financial crisis which started in the United States and expanded to Europe, Asia, and Latin America.