Guatemalan Bank Could Operate in Panama

Banco Industrial has announced that it is prepared to start operations in Panama's financial center in the first quarter of 2015.

Tuesday, August 19, 2014

The Bank which is of Guatemalan origin, and which already has a presence in Honduras and El Salvador, is preparing to open its offices in Panama City, driven by the economic growth there.

Diego Pulido, manager of the company, told "... 'We have noticed that many companies bring their international movement of goods purchases through Panama and therefore we need to be there to serve customers ... I believe that the opening may be in February or March 2015 '. "

"... Panamanian authorities and have already given their approval for the institution to enter the country, the place with the most competitive banking sector in all of the isthmus."

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