(MENAFN – Newsroom Panama) The Superintendency of Panama Banks (SBP) warned on this Friday, August 28, that alleged monetary corporations are selling and attracting clients through the web, social networks and different means, providing “loans” and conditioning their granting to the conclusion of cost or prior deposit of cash, which might act as a assure of financing
In addition, within the documentation and publicity they’re utilizing the title of Superintendency and its emblem.
“We inform the general public that these alleged corporations are NOT banking entities, so they aren’t regulated or supervised by this Superintendency,” says a press launch.
It provides that the alleged corporations shouldn’t have any license to train the Banking Enterprise in or from the Republic of Panama, in accordance with the Banking Legislation.
“The record of banking entities licensed by the Superintendency of Banks of Panama might be consulted on our web site: www.superbancos.gob.pa Supervised Entities part, Normal Info on Banks”, harassed the entity.
As well as, they make clear that these alleged corporations haven’t requested, nor have they got authorization from the SBP to make use of the title and emblem of the entity. “Its unauthorized use will probably be topic to the corresponding sanctions, in accordance with the provisions of present laws.”
In the meantime, the SBP considers it prudent to warn most people to guard their belongings and in regards to the significance of being broadly knowledgeable, “earlier than coming into into contractual relationships with corporations that make one of these choices via doubtful schemes.”
It recommends making certain that the businesses with which they intend to enter right into a contractual relationship have the authorization and licenses for the exercise they promote, because the case may be.
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