Banco Davivienda strengthens its position in the mortgage market and presents exclusive offers. The financial institution has solidified its place as the sixth most important player in the mortgage market after integrating Scotiabank's operations in Panama. With 60 years of presence in the country, the bank now has 15 branches and an expanded network of ATMs to offer a closer and more efficient service. Exclusive benefits for buyers. During the Expo Inmobiliaria Acobir, Banco Davivienda has designed a competitive proposal for attendees, which includes attractive interest rates, free legal fees up to a maximum of $2,000, and a 100% refund of the appraisal at the time of disbursement. This platform represents a strategic space for the entity, allowing it to promote financial solutions that facilitate access to homeownership and foster investment in the country's dynamic real estate market. Strategic growth and strength in the market. Home buying in Panama maintains a positive trend supported by economic growth. This trend is mainly driven by young buyers and consolidating families looking for properties starting from $120,000. Banco Davivienda focuses its efforts on this segment, promoting sustainable financial relationships that generate peace of mind and responsible growth for all its clients. Joanna Crooks, Executive President of Banco Davivienda Panama, highlighted that after integrating Scotiabank's operations, the institution has strengthened its offering in banking, insurance, leasing, and investment banking. 'Our goal is to consolidate ourselves as a long-term strategic ally for families and developers,' the executive stated. Real estate trends for 2026. For the current year, the Panamanian real estate market is evolving towards projects near the Panama Metro, with spaces designed for collaborative work and extensive social areas. According to data from the Panama's Superintendency of Banks, as of November 2025, mortgage loans reached $21,458 million, an annual increase of 1.8%. Additionally, the entity has eliminated charges for five-year renewals and for extraordinary payments, which represents a sustained saving for the cash flow of families. Joanna Crooks emphasized that these special conditions will be in effect until the end of January, seeking to reduce the clients' initial outlay.
Banco Davivienda Strengthens Position in Panama's Mortgage Market
Banco Davivienda, now the 6th largest mortgage lender in Panama after integrating Scotiabank, is offering exclusive home-buying terms at Expo Inmobiliaria Acobir 2026, featuring low rates and appraisal fee refunds.