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Emerging MarketsEM LatAm

Banistmo poises for Panama recovery with second international bond

Panama City, Banistmo, Panama, skyscrape, cityscape, ocean, LatAm, 575

The chief financial officer of Panama’s second largest bank, Banistmo, told GlobalCapital that Wednesday’s bond issue was a sign of investor confidence not only in the issuer but in the prospects for the country, as economists say they expect it to be one of the outperformers in Latin America.

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