Deposit Protection in Panama

Bank Account Holders in Panama: Protect Your Account Balance
in the Absence of Traditional Bank Deposit Insurance

Panama is a small country located in Central America bordered by Costa Rica and Colombia. It has the Panama Canal, a man-made waterway that connects the Atlantic and Pacific oceans. The country is known for its beaches and rainforests, and for its diverse wildlife. It is home to a variety of cultures, languages, and religions. The economy is largely based on services and the Panama Canal. Tourism is a major industry and the country has a vibrant nightlife.

The small and open economy of Panama had a GDP of $44.4 billion in 2020. The economy is heavily reliant on service industries such as banking and corporate services, tourism, and shipping, which account for almost 80% of GDP. The government is actively investing in infrastructure projects such as a new metro system in Panama City to further promote economic development. Additionally, a new canal expansion project has helped to boost the economy in recent years. Other sectors of the economy include agriculture, manufacturing, and mining. Panama has a well-developed financial sector, with a large number of international banks operating in the country. The Panamanian colón is the official currency of Panama.

Contact us for More Information:

Deposit Guarantee Claim is a service by Legal Floris LLC to assist international creditors of licensed and supervised banks all around the world to reclaim their account balance after financial institution failure. Leverage of academic knowledge that is substantiated by past experience in an international setting allows our customers to minimize their risk and maximize their recovery potential. Did your bank fail or stopped operating? Is access to your account restricted? Do you want to know what happens next? Or, do you just want to understand the mechanics of bank resolution? Feel free to contact us to discuss your case:

Call: 00357 25 057 544 or 001 646 513 2855
Email: [email protected]
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