Amendments to Law on Trusts in Panama
Monday, February 3, 2014
Deducting interests on income tax and increasing the amount of capital required by the fiduciaries are part of the proposed changes.
The Superintendency of Banks of Panama (SBP) along with...
Panama: New Stock Market Law In Effect
Monday, September 5, 2011
The amended regulations have now been published in the Official Gazette.
The new law regulating the securities market in Panama...
Panamanian Finance Company Investigated
Tuesday, March 27, 2012
The Financial company Pronto Cash has issued a MasterCard card that operates similarly to a debit card, allowing payments to be made electronically, without stating its origin.
An article by Rafael Berrocal in Panamaamerica.com.pa...
Financial Company Pronto Cash in Panama Closes
Friday, April 13, 2012
The company has been under investigation for issuing customers a "financial card" that allowed them to deposit money by electronic means.
The Ministry of Trade and Industry (MITI) through the...
Scotiabank con utilidades por $988 millones
(info only in spanish)
Tuesday, March 23, 2010
-Las tres líneas de negocio del Banco permitieron superar los resultados obtenidos en años anteriores.
-Rendimiento sobre el capital cerró en 17.0%, comparado con 16.9% del mismo periodo de 2009.
Press release by: Scotiabank de Costa Rica