The Superintendency of Banks of the Republic of Panama advises that the persons and/or companies included in the following list do not hold a banking license to engage the banking business within and from Panama.
The companies and persons are only entitled to engage the banking business within and from the Republic of Panama, if the Superintendency of Banks of the Republic of Panama has granted a banking license, prior to beginning operations. Furthermore, the companies and persons that engage the banking business without the respective license, are subject of the sanctions established in article 25 of the Decree Law No. 9 of 1998.
