International Finance

Tag : Panama


Panama requests France to work under equal conditions

Shares steps taken to reform its legal framework and strengthen service centre May 19, 2016: Luis Miguel Hincapie, Minister of Foreign Affairs of Panama, met with France’s Presidential Special Appointee for Latin America and the Caribbean, Jean-Pierre Bel. During the meeting in Paris, the Panamanian diplomat emphasised the importance of working under equal conditions to...

Delegation from Panama to meet OECD

Will discuss strengthened collaboration on financial transparency May 18, 2016: As part of President Juan Carlos Varela administration’s ongoing commitment to financial transparency, a delegation of government officials from Panama will travel to Paris this week to meet with members of the OECD to discuss various issues related to financial transparency. The visit follows an...

Panama papers: Joint statement on waked organisations

Regarding a ten-year investigation May 10, 2016: In light of the announcement made by the United States Department of Justice and the United States Department of the Treasury’s Office of Foreign Assets Control regarding a ten-year investigation of the waked organisations, Panama’s Attorney General, Banking Superintendent, and Securities Market Superintendent have issued the following statements...

Panama and Japan reach $2.6 billion agreement to fund Panama Metro

Project will benefit more than 500,000 people; represents first Japanese monorail in the Americas April 22, 2016: The Republic of Panama announced the signing of a historic agreement with the Government of Japan valued at PAB/USD $2.6 billion to fund the construction of Line 3 of Panama’s Metro, the largest project in Panama since the...

Grupo Aval — Central America’s largest financial conglomerate

Operates in 12 countries, serves more than 13 million banking customers, consolidates more than $68 billion in assets and has over $128 billion in assets under management February 8, 2016: Grupo Aval is Colombia and Central America’s largest financial conglomerate; it operates in 12 countries, serving more than 13 million banking customers and 11 million...