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Solidly Profitable

Nov 7, 2003

This year, LatinFinance has selected Banco General as bank of the year in Panama. While other big Panamanian banks aim to become regional players, Banco General has decided to expand and deepen its domestic franchise. It leads in both consumer and corporate lending.

General, the country's second-largest private sector bank, was established in 1955.

It posted a 2002 return on equity of 16.7%,...

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