Based on Article 131 of the Banking Law and by means of Resolution SBP-0087-2016, the Superintendency of Banks of Panama orders the seizure of administrative and operating control of Balboa Bank & Trust, Corp. effective at two thirty post meridiem (2:30 p.m.) on Thursday, May 5, 2016.
The Superintendency of Banks of Panama wishes to make it clear to all Balboa Bank & Trust, Corp. customers and the general public that these measures are adopted to protect the best interests of the Bank’s depositors.
Balboa Bank & Trust is a financial institution based in the Banking Center of the Republic of Panama with an international scope. It is made up of successful entrepreneurs in the area born with a profound vocation of service, committed with innovation and the satisfaction of our clients within the strictest levels of efficiency and transparency.
With a solid financial structure and a team of professionals duly committed to offer the best service to grow in a sustainable manner with a long term vision and hand in hand with our clients.