As one of the most dynamic parts of Panama’s economy, international banking plays is a major player in Panama’s success today. As the second largest banking centre in the world with over 120 banks in Panama City alone, Panama plays a significant role in the world financial arena.
Panamanian banking legislation has established three types of banking operation:
Banks are organized into two groups: the Panamanian Banking Association (Panamanian and foreign banks) and the Association of Panamanian Banks (Panamanians banks only). The are licensed and regulated by the Banking Supervisory Authority (Superintendencia de Bancos) and as the banking sector is second only in size to Switzerland, banks are considered to by the international banking community to be very stable.
Get the latest property and investment opportunities direct to your inbox (you can unsubscribe anytime)
Panama Canal Celebrates 100th Birthday
Booming Panama – No Longer 'Just a Canal'
Upscale Panamanian property in need of revaluation
Panama tax code changes hoped to improve housing market
Could you benefit from Panama's economic growth?
Panama canal expansion attracting residential investors
All property news from Panama
Subscribe to our RSS Feed
Owners Direct is one of the UK's leading direct from owner rental websites and the first choice for holiday home owners who want a cost effective and easy way to fully book their properties.
Find out more
Subscribe to our newsletter and keep up to date with the latest and best investment opportunities around the world!