Crisis, technology & and a new political climate are all factors influencing how Businesses and Individuals find security for their monetary assets. Wealthy Latin Americans often make provisions for their savings outside their home countries but remain within the same region. Caribbean nations and Panama have been popular destinations, whose offshore banking facilities have attracted international clients for many years. Now offshore banks within the region are proving attractive to a new clientele.
“The crisis has been good for offshore banking and it’s been an impetus for growth in Latin America” Xavier Borja, Loyal Bank Ltd., Panama
Offshore Banking. Latin America 2009 combines interviews, analysis and expert opinions on all the most important factors shaping the industry in the region today.