PANAMA CITY — Panamanian banks are set to inject a record USD 272 million into the retail economy this holiday season, as a surge in dedicated “Christmas savings” accounts underscores a strategic shift among households […]
Panama’s Retail Savers Amass $272 Million for Holidays, Shunning Consumer Debt Read More »
PANAMA CITY, December 9, 2025 (PBI) – In a major realignment of the Central American financial landscape, Grupo Cibest has reached a definitive agreement to sell 100% of the shares of Banistmo, a leading general
Inversiones Cuscatlán to Acquire 100% of Banistmo from Grupo Cibest Read More »
Banco General integrates with ACH Xpress, expanding the network to 21 banks. Customers now gain 24/7 instant transfer access. ACH Xpress transaction volumes surged by 165.3% in 2024, showcasing rapid adoption and solidifying its role in Panama’s digital payment evolution. Discover the impact!
21 Banks Strong: ACH Xpress Welcomes Banco General Read More »
Discover how ACH Xpress is reshaping Panama’s banking landscape, boasting over 2 million active users. Juan Melillo, Caja de Ahorros’ General Manager, hails the positive impact on financial experiences. Banistmo’s Aimeé Sentmat de Grimaldo emphasizes speed and security, while BAC Panama’s Ramón Chiari supports innovations for a simplified digital life. Despite the benefits, the article underscores the need to educate consumers on the gradual shift towards a more connected, digital economy.
Panama’s ACH Xpress: Redefining Banking Norms with Instant Transactions Read More »
