Reorganization of BANCA PRIVADA D’ANDORRA period extended By official announcement (Resolution SBP-0077-2015) on May 8, 2015 the Superintendence of Banks in Panama order the reorganization of BANCA PRIVADA D’ANDORRA (PANAMÁ) that should be completed within a period of ninety (90) days which has been extended by the Banks Superintendence on official announcement (Resolution SBP-0130-2015) on Aug 7, 2015 based on Panamanian Banking Law. The Reorganization of BANCA PRIVADA D’ANDORRA (PANAMÁ), S.A. was ordered by means of Resolution SBP-0077-2015 dated 8 May 2015. By the Panamanian Banking Law, the reorganization must be completed within a ninety (90) day period; this deadline can be ...
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