The General Manager of the Panama Savings Bank, Andrés Farrugia, informed the Commission of Economy and Finance of the National Assembly about the financial solidity and the active role the institution plays in the economic development of the country. The Savings Bank, known as the Panama Family Bank, has demonstrated its profitability by lending and participating in key projects.
In his annual report for 2024, Farrugia highlighted that the Savings Bank is focused on benefiting its customer base, composed of 213 thousand affiliates in digital and mobile services. It was noted that over B/.45 million in transactions have been made and that the total amounts exceed B/.867 million in mobile banking and digital cash.
The banking institution has 2265 employees, of which 56.6% are women and 43.4% are men. Operating through 60 branches across the country and one mobile branch, as well as 320 Caja Amiga locations and a total of 311 ATMs with 870 acquisition points.
In his words, the General Manager emphasized the importance of the financial solidity of the Savings Bank as a guarantor of economic profitability for Panama, assuring that the institution is committed to the productive and social fabric of the country.
