Benefits of an international bank account
We are a secure bank with a very solid banking system, in addition to social and political stability.
Another benefit is our favorable tax system for foreign companies, the use of the U.S. dollar, and last but not least, we offer top-tier online banking, self-manageable and user-friendly, accessible from anywhere in the world. This will allow you to have a bank in Panama that can meet all your financial needs.
Banking in Panama
Panama's economy is characterized by its banking monetary system, which uses the United States dollar as legal tender and operates without a central bank or an authority to control the money supply or govern monetary or exchange rate policies. This monetary system has ensured macroeconomic stability in key variables and prices since the republic's inception.
The structure of Panama's financial system comprises various institutions: banks, securities companies, pension funds, insurance companies, cooperatives, finance companies, development banks, leasing companies, and savings and loan associations for housing. The main banking activities include the acceptance of bank deposits, retail banking, commercial and corporate lending, foreign accounting records, inter-branch foreign bank loans, treasury and liquidity management, regional administration, and corporate finance.
Our offering
Caja de Ahorros offers you the opportunity to open savings or checking accounts for individuals or legal entities, structure credit facilities, and establish Panamanian corporations through our strategic partners, important Panamanian firms specializing in ship registration and mortgages, as well as the transactions necessary for ship financing. Their maritime transportation legal departments have an extraordinary team of experts in maritime matters who, over the past decades, have worked closely with major shipping agents, shipowners, and international shipping companies worldwide.
These firms are leaders in the maritime sector in Panama and act as registered agents for hundreds of vessels under the Panamanian flag.
History and business background
We are a leading banking institution in the country and of recognized trajectory, founded by Executive Decree No. 54 of June 15, 1934, under the mandate of President Harmodio Arias Madrid.
Today, we consolidate as a high-level bank, which has the acceptance of more than 680,000 customers, who have made their dreams and projects come true, through various products and services that fit their financial needs, thus consolidating as a leader in the local market, accruing more than 630,000 deposit accounts and more than $6.4 million assets, ranking in the second position of the national mortgage segment.
Our Team
We have a team of financial professionals who will guide you in making strategic decisions to maximize the return on your investments. Our legal specialists will ensure that you comply with all local regulations, while the commercial team will be at your disposal to identify key business and financing opportunities in the maritime sector. In one of the most dynamic logistics hubs in the world, we offer personalized solutions that will accelerate your company's growth and success, with a practical approach tailored to the needs of the global market.
Team Bio
Maricruz Rodríguez
Commercial Manager
Karla Rivera
Correspondent Manager
Ariel Herrera
Chief Financial Officer
Maria Isabel Tribaldos
Senior Business Area Manager
Recent News
Caja de Ahorros participates in the international fair Marine Money Week
Entity strengthens financial alliances for the development of the maritime sector
Contributing to the development and growth of Panama's logistics sector by creating bridges of financing, innovation, and sustainability is part of the new strategic vision that Caja de Ahorros is pursuing, that for the first time, participated in Marine Money Week, held in Singapore-Asia, promoting the future of the maritime segment, which contributes more than 30% of the country's GDP.
Contact
Get in touch!
Our Office
Guillermo de Roux Bld., Vía España and Thais de Pons street
Panama City, Panama
Contact Us
+507 508-3456
www.cajadeahorros.com.pa
Caja de Ahorros participates in the international fair
Marine Money Week
Entity strengthens financial alliances for the development of the maritime sector
Contributing to the development and growth of Panama's logistics sector by creating bridges of financing, innovation, and sustainability is part of the new strategic vision that Caja de Ahorros is pursuing, that for the first time, participated in Marine Money Week, held in Singapore-Asia, promoting the future of the maritime segment, which contributes more than 30% of the country's GDP.
With its own initiative "Panama Banking Overseas", Caja de Ahorros presented a commercial offer to major investors for the establishment and registration of the best corporations in the industry.
We are a strategic ally for all the productive sectors of the country
Panama offers great benefits in the maritime sector, where investors and entrepreneurs seek opportunities to grow. At Caja de Ahorros, we are committed to innovation and the financial development of the country, recognizing that activities like these allow us to continue building alliances and attracting new sources of international financing, which are key for evolving toward a more connected and sustainable future.
Maricruz Rodríguez, Commercial Manager of Caja de Ahorros
During this event, the importance of the role played by the Colon Free Zone and its trajectory in global trade was emphasized. Additionally, the need to expand the offer of financial services for the maritime sector was highlighted, aiming to meet the growing market demands in a dynamic and highly competitive environment, both in Panama and worldwide, supported by renowned legal firms specializing in maritime divisions.
Marine Money Week is the leading ship finance conference in Asia, bringing together key industry players and negotiators to create collaborations that benefit the maritime sector. The organization announced that this event will take place in Panama in March 2025, representing a major challenge and an excellent opportunity to showcase the country's capacities, world-class infrastructure, and further positioning Panama as a global benchmark.
As a cornerstone of the country's economy, Caja de Ahorros will continue contributing to the port and logistical development, as well as to the progress of the country's productive sectors, boosting international trade, foreign investment, and financial leadership in the sector.