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For banks, Panama’s exit from gray lists is an “imperative”

RIO DE JANEIRO, BRAZIL - The slow economic recovery of Panama in the midst of the crisis derived from the pandemic is beginning to be felt in the banking sector, which has "positive" perspectives but understands as an "imperative" to get the country out of the gray lists and to maintain the rules of the game that allow free interest rates.

The gray lists "affect the whole country", but its impact "is felt first in the banking sector, it enters the country through the banking sector", said in an interview with Efe agency, the executive president of the Panama Banking Association . . .

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