The stock brokerage firm, Corredores Asociados, will open an office in Panama City in October.
The company already has permits from the Financial Supervisory Authority said Alberto Escobar, vice president of asset management for Corredores Asociados, who added, "A year ago it was decided to get into this market, an idea born of the spirit of enterprise to think big and open new lines of international business and to gain parity with our competitors. "