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Panama’s International Banking Center reaches $75.8 billion in assets. Growth of 15 percent in a year

Monday, August 15, 2011


\ Assets of Panama’s International Banking Center reached $75.8 billion at the end of the second quarter of this year, an increase of 15 percent on the same period a year earlier.\ \ Of that amount, the domestic banking system accounts for $60.9 billion.\ \ The credit portfolio played a major role in the increase by reaching $25.9 billion. Commercial loans accounted for some 28 percent of the portfolio, followed by mortgages with 27 percent and personal credit with 21 percent.\ \ Original source (in Spanish): Efe\ \ \ \