Banking Law

​Among the attractiveness our country has, is the advantage of having a diversity of banks operating which proceed from other continents.

Our banking center of vanguard has been able to strengthen due to the political and economic stability, due to the Dollar circulation and the banking confidentiality offered by our laws in this matter.

The banking center is regulated by the Banking Superintendence in accordance to Law 9 of 1998, which is formed by members of the public and private spheres.

In order to offer an excellent consultation, Medina & Associates has personnel of great experience in this field, which allows same to furnish the following services with the highest confidentiality:

• Counseling in regard to banking regulations in effect in Panama.
• Permits and Licenses Request before the Ministry of Commerce.
• Constitution of Banks with General Licenses.
• Constitution of offices for banking representation.
• Counseling for the opening accounts of banking investments.
• Off Shore accounts opening.
• Analysis of Project financing and credit facilities in general.
• Banking mergers and acquisitions.
• Minutes Draw up and Review.
• Management of judicial portfolio, among others.