The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.


Best bank
Banco General Best debt house

Banco General is very locally focused on Panamanian banking, and does it extremely well.

It has 88% of Banistmo?s profits with only 57% of its assets. Its return on assets, at 2.25%, is truly world class.

There?s no debate about the bank that should get the award for best debt house in Panama.

Citigroup?s liability management team put together a very complex and successful deal for the sovereign, which involved issuing a $250 million 30-year global bond for cash, and then, less than a week later, reopening Panama?s 2023 20-year bond for $326 million, in exchange for $406 million in old Brady bonds.

The deal came just in time, at the end of January: after that, the emerging debt markets tanked, and no more long-term issuance came to market.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree