Panama: Multibank surpasses $5.5 million to reservesThe Equilibrium rating agency reported that as of June 30 2008, the bank had $5.5 million "risk with Lehman Brothers".Friday, October 24, 2008
Multibank is the second bank to publicly reveal that it has investments affected by international financial crisis. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Multibank Targets Regional Banking MarketMarch 2012 The Panamanian bank is continuing its expansion plans in Central and South America. Panama: Crisis does not halt demand for credit cards.November 2008 In spite of inflation and the world financial crises, Panamanians continue acquiring credit cards and the banks have not increased their restrictions. Isthmus banks suffer due to "Gringo" partner.November 2008 Central American banks were booming -- but close ties with the USA darken their future. Two new companies to join Panama Stock ExchangeAugust 2008 Multibank, a private bank with Panamanian capital, and the Sociedad Inversion Inmobiliaria Balboa, which belongs to the Costa Rica Group Financiero Improsa, plan to join the stock exchange.
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