Panama’s Superintendency of Banks is helping the country’s banking system adopt and follow an internationally accepted regulatory framework.
Category: Regions
Posted inMagazine
Safakeeping Panama’s Private Kitty
Panama has accumulated more than a billion dollars in a
social investment trust, funded by the sales of state-owned industries and former US holdings in the Canal Zone.
The government is taking pains to ensure the money goes where it is supposed to go.
Posted inMagazine
Staving Off Obsolescence
Panama’s geography has always been its best asset. Will its strategic location drive prosperity in the new millennium as Panama aims at becoming the Americas’ premier trade zone?
Posted inMagazine
Business & Banking
Citibank Reaches Accord with MexicoCitibank and Mexico’s Institute for the Protection of Bank Savings (IPAB) settled their dispute over a controversial $2.5 billion debt prepayment made by IPAB to Citibank […]
Posted inMagazine
Citibank’s New Start
The bank says its problems with Banco Confía, an ailing Mexican retail bank it bought in 1998, are close to an end. Senior Citibankers say the bank is at last ready to start growing in Mexico.
Posted inMagazine
A Renewed Yen For Latin Bonds
After going up in smoke during Asia’s financial crisis, the Samurai market has sprung to life, offering a valuable fund-raising alternative to Latin sovereign borrowers.
Posted inMagazine
Cultivating the European Crowd
The Andean Development Corporation takes its roadshow to Europe, not just to raise money, but to promote its respected name and solid financials to discriminating investors there.
Posted inMagazine
Will Mexico’s Financial Armor Hold?
Early government action to protect Mexico from external financial shocks put it in solid shape for Vicente Fox’s administration. But with red flags on the horizon, there is still room – and time – to repeat history.
Posted inMagazine
Boom Time for the Free Zones
Government reforms spurred the rapid expansion of duty-free industrial parks in the Dominican Republic over the last four years. It?s time to reap the payoff now that the Caribbean Basin countries have finally been given the same benefits as Mexico in apparel exports to the US.
Posted inMagazine
Finding Comfort in the Euro Zone
While the US market has largely spurned Latin American borrowers, euro-denominated paper has filled in the gap for governments and companies consolidating their European investor base. The weakened currency has also cut their debt service costs. In a series of stories, LatinFinance explores the depth and breadth of the euro market.