Categories: Economy

Credicorp Bank maintains the necessary liquidity; withdraw the lawsuit

The Banking Supervision Authority of Panama reported this Monday that remained attentive to the situation at hand Credicorp Bank in recent days, in order to maintain the stability of the banking system.

According to the agency, the bank in question maintains its liquidity and solvency ratios above the legal minimum required, as determined by the banking regime.

The SBP points out that its commitment is to supervise and monitor the operations of banking entities in order to protect clients who use these services.

From your side Credicorp Bank tAnd he explained it in a press release There are no claims from the bank.

He pointed out that they strictly respect their obligations, follow all supervisory processes of regulatory authorities, so that the bank operates normally.

In this sense, they added that throughout their history they acted strictly respecting their obligations.

The state of Panama sued Credicorp Bank SA, but this Monday it reported that it had withdrawn the civil suit it had filed against the bank, as part of actions related to the Odebrecht case.

Carlos Muñoz, lawyer for Minister Juan Manuel Pino, requested “the withdrawal of the civil action filed last Friday, September 8, on behalf of the Panamanian state against Credicorp Bank.”

The state initiated proceedings against Credicorp Bank, SA, for alleged damages caused by his alleged participation in a conspiracy involving Odebrecht.

The amount that the state demanded from the banking entity amounted to 600 million dollars.

Source: Panama America

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