International Bank in Panama for sale

Panama runs a dedicated framework for the International Banking Licence, overseen by the Superintendency of Banks of Panama. Taking over an international bank that already exists gives investors a corporate and regulatory structure, already established, through which the international banking activities that are permitted can be carried out.

Key details

• Licence type: International Banking Licence (active)
• Jurisdiction: Panama
• Supervisor: Superintendency of Banks of Panama
• Founded: 2014
• Approximate figures: share capital USD 15 million, annual turnover USD 5–7 million, net profit USD 700,000–1 million
• Currencies: USD and EUR
• Clients: corporate
• Core banking system: up and running
• Payments: SWIFT and correspondent banking in place; Visa and Mastercard through banking partners

Banking and payments

The bank’s international banking platform is established and handles international payments, corporate banking and transactions in several currencies.

Activities

• International banking and banking for corporate clients
• Deposit-taking and lending
• Trade finance and foreign exchange
• International payments

Advantages

• A Panamanian International Banking Licence, in an established financial centre
• An active banking structure that already exists and is regulated
• SWIFT connectivity and correspondent banking, with potential for further correspondent banking infrastructure
• A client base and focus that are international
• Banking infrastructure already in place