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Fitch welcomes Panama move though falls short

Wednesday, March 11, 2015

The recent revision of Panama's bank capital rules is an important step toward Basel III standards, yet falls short of full adoption, says Fitch Ratings.

The new rules should strengthen local banks' capacity to absorb losses and maintain higher quality capital, particularly for banks with high-risk appetites within the Panamanian banking system.

Source: Fitch via Reuters