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Towerbank International Inc. (Panama)

Main Activities: Commercial Banking
Full name: Towerbank International Inc. Profile Updated: June 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Towerbank International Inc. began operations in October 1971 and since 1974 operates with general banking license, which allows you to perform banking business either in Panama or abroad. It is a company that is responsible for providing trade financing (export and import) to large and medium-sized businesses in Panama and other Latin American countries.

Headquarters
Calle 50 Y Beatriz M. De Cabal, Edificio Tower Plaza
Panama; Panama; Postal Code: 081906769

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Website: http://www.towerbank.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 14, 1971
Key Executives
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Chairman
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President
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Vice President
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Secretary
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Treasurer
Ownership Details
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100%
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Subsidiaries
Alfawork Participacoes Ltda. (Brazil)
100%
Tower Leasing, Inc.
100%
Tower Securities, Inc.
100%
Company Performance
Financial values in the chart are available after Towerbank International Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net interest income
-13.47%
Net fee and commission income
22.49%
Operating profit (EBIT)
-94.23%
Net Profit (Loss) for the Period
N/A
Total assets
5.41%
Deposits from customers
-0.91%
Total equity
1.14%
Total Assets Trend
3.34%
Net Interest Income Trend
68.35%
Cost to Income Ratio
37.32%
Loans to Deposits Ratio
5.55%
Loans to Asset Ratio
-0.13%

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