National Bank of Panama enhances the country brand internationally before the IMF and WBG

National Bank of Panama (Banconal), as the first financial institution of the State, reaffirms its commitment to the economic and social development of the country and the region, by actively participating in the spring meetings of the International Monetary Fund (IMF) and the World Bank Group (GBM), held in Washington DC, United States.

A high-level delegation, headed by the Vice Minister of Economy and Finance, Jorge Almengor, and the general manager of Banco Nacional de Panama, Javier Carrizo Esquivel, led the representation of Panama in this important international forum.

“During the meetings, issues of great regional and global relevance were addressed, which affect the economy of our countries, such as the search for solutions aimed at increasing financing, promoting private sector investment and improving preparation for future crises,” he highlighted. Javier Carrizo Esquivel, General Manager of Banco Nacional de Panama.

In this context of rapprochement, the Panamanian delegation held an important meeting at the United States Treasury with Secretary Janet Yellen, the president of the Inter-American Development Bank (IDB), Ilan Goldfajn, and the finance ministers of the region. At this meeting, the economic prospects for Latin America and the Caribbean were discussed, and opportunities for collaboration were explored to promote growth and inclusion in the region.

The participation of Banco Nacional de Panamá in the spring meetings of the IMF and the WBG reaffirms its role as a responsible institution, a leader in the Panamanian financial system and its commitment to sustainable development.

For all this, it will continue to work in close collaboration with multilateral organizations and other relevant actors, to promote public policies that promote economic growth in the region, job creation and poverty reduction in Panama.

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