Panama is still a desirable location for international investors, Javier Carrizo, general manager at Banco Nacional de Panamá, and Otto Wolfschoon, president of the Banking Association, said on the sidelines of the Panama Day UK event on May 18.
Seven years after the Panama Papers, the data leak revealing the secretive offshore companies used to hide wealth, were made public, the country has seen a significant drop in the registration in the country of anonymous and offshore corporations, according to a press report.