Open Systems is presently a leader in the specialized software industry for the telecommunications and public utilities and service sector. Open Systems is focused on the Latin American market.
Organization that operates in Costa Rica, Latin America, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (0057) 1236 21 08 - (0057) 1611 33 89
The Venezuelan Grupo Financiero B.O.D. has officially opened its Allbank offices in Panama City, where it started operations on 23 July.
Capital.com reports that "The general license bank has been operating in Panama for three months from the Tower of the Americas, and provides all services, and has a team made up of 31 employees. Their CEO, Santos Alonso, is a certified public accountant with over 30 years experience in the area. according to the Superintendency of Banks in Panama, the branch of the Venezuelan group started with an initial capital of $13.4 million. "
Calibre Mining announced the results of their drilling program on the La Luna and Riscos de Oro projects within the Borosi Concessions.
The company intercepted 2810 g/t silver and 17.85 g/t gold over 0.95 metres within a larger interval of 8.53 metres grading 384.86 g/t silver and 4.23 g/t gold. These were highlighted by the highest grade gold and silver assays intercepted to date by Calibre on the Riscos de Oro epithermal gold-silver project.
The Panamanian supermarket chain issued two series of mortgage-backed bonds, for $10.4 million.
The objective was to obtain financing for expanding their operations, at a lower cost than bank loans. The market bought all of the first two series of bonds, demanding 5% for three year and 6% to for seven year debt.