Two-thousand and nineteen looks set to be an interesting year for Panama, with general elections taking place in May and its offshore jurisdiction under ongoing scrutiny. Since the Panama Papers scandal in 2016, the country's government has vouched to improve transparency and prevent accusations of tax evasion and money laundering.
Panama’s banking sector remains the largest in Central America, accounting for 42 of The Banker's Top 100 Central American Banks ranking. They represent more than half of the Tier 1 capital in the region.
