Panama: Banco Universal's Assets For Sale

On August 10 general license banks interested in the assets of the entity may submit offers.

Wednesday, August 5, 2015

The reorganizing entity designated by the Superintendency of Banks explained that the first to be invited are general license banks in the country, who will have 20 days to submit their proposals for all or part of the assets.

Anpanama.com reports that "...Once proposals have been submitted, the most feasible will be chosen, and then passed on to an analysis phase after which, finally, the company who will buy the assets of Banco Universal will be decided. "

"... In an interview with ANPanamá, Jaime De Gamboa the reorganizer explained that their task in the bank is to evaluate the feasibility of it moving forward in business and developing the reorganization plan, which has already being published in a local print media for public knowledge. "

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Banks Prefer to Save Resources

December 2019

In the midst of the uncertainty generated by the political and economic crisis, banks in Nicaragua have opted to reserve their resources, a situation that is evident in the increase in the liquidity of the system.

According to data from the Superintendencies of Banks and Other Financial Institutions, between March and October of this year, the liquidity of banks as a function of deposits went from 32% to 45%.

Banks: Liquidity Surplus in Nicaragua

June 2019

Because of decreasing demand for credit since April last year, banks in the Nicaraguan plaza are filling up with money they can not place in the market.

According to estimates by the Nicaraguan Foundation for Economic and Social Development (Funides) based on official figures, so far this crisis has boosted the liquidity of banks, increasing the proportion of available money that financial institutions have with respect to their obligations to the public, going from 31.76% reported in March 2018 to 46.73% recorded in May this year.

Guatemala: Bank Assets Up 12%

July 2014

In the first half of 2014 banks assets in the country increased by 12% compared to the same period in 2013, while the amount of loans granted grew by 11%.

Data from the Superintendence of Banks of Guatemala reveals that the profits made by banks in the same period grew by only 0.87%.

Costa Rican Banks' Assets and Profits Fall

September 2010

At the close of the first half of the year, financial groups report asset levels down 4% and profits down 8%.

One of the main reasons for the worsening picture relative to the close of 2009 is the appreciation of the colón, the Costa Rican currency.

"The change in the exchange rate has had a negative impact on the dollar value of entities' assets," comments Gabriela Mayorga for Elfinancierocr.com.

ok