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Banco Panama gets upgrade to A-

Tuesday, October 21, 2014

Credit rating firm Equilibrium has upgraded Banco Panama's rating from BBB+ to A-, with stable outlook.

The upgrade was based on the bank's strategic discipline, its handling of risk and maintaining capital rates above the market average.

Banco Panama is also the first bank in Panama to receive that grade after only six years of operations.

Source (in Spanish): La Estrella