Both banks and non-banks may provide financing to a company organized in Panama. Foreign financial institutions may also provide financing, from abroad, to a company organized and domiciled in Panama.

Typically, entities that provide financing on a regular basis in or from Panama would be required to be regulated by either the Superintendence of Banks (where they provide other banking services, especially deposit-taking activities), the Superintendence of the Securities Market (where they provide other brokerage services, or investment advice), or the Ministry of Commerce (in the case of financial entities that provide small personal loans).

Learn more in our Banking & Finance Guide prepared by Partners Arturo Gerbaud, Eloy Alfaro B. and Senior Associate Patricia Cordero – Originally published by Chambers & Partners. https://practiceguides.chambers.com/practice-guides/banking-finance-2020/panama

+