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Bancolombia's Panama brokerage enters El Salvador

Thursday, February 15, 2018

Panama-based brokerage Valores Banistmo has entered El Salvador as the two countries integrate their markets.

Valores Banistmo, part of the Bancolombia financial group, has received a permit to work as a "remote operator," allowing Panamanian brokers to book trades as if they were based in El Salvador, and vice-versa.

Source: City Wire