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When is stanford bank panama reopening

       


Vote:
Asked by

Lucile


Stanford bank panama when it s will working again
9     In Panama

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Haywood

Q. Anyone has any idea when stanford bank is planning to release clients funds?


i called the other day and was told they have 100% and the bank will open by June


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Votes: 2.0
 

Jeffery
As of September 25th $80 million of Stanford Bank Panama have been unfrozen and $130 million are "available and under control".


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Votes: 2.0
 

Marya

"Apparently we won`t lose any money since panama didn`t invest its money into any..."



They keep promising. Apparently we won`t lose any money since Panama didn`t invest its money into any questionable investments. We shall see soon hopefully.


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Votes: 1.0
 

Lynda

"Transfer of the remaing 5% of the bank assets..."



This is their number 507-208-7300 try mornings.Supposedly they are waiting for the transfer of the remaing 5% of the bank assets . The link is the news from sbp,but it`s in spanish i hope it helps. .http://www.superbancos.gob.pa/aspec_leyes/documentos/comunicados/files/aviso1-2010.pdf


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Votes: 0.0
 

Solomon

Q. Anyone has any idea when stanford bank is planning to release clients funds?


I heard the same in regards to the having 95%. They told me that if, by Feb. 17 they do not have control of the remaining 5% they will begin liquidation and no longer try to re-open, per order of the Superintendant



Votes: 0.0
 

Myles

"It looks as though stanford bank..."



According to a statement issued in Spanish January of 2010, it looks as though Stanford Bank, Panama, is still in a process of reorganization after US authorities began judicial proceedings against Stanford. The bank has yet to disclose when they will be in full operation again.



Votes: 0.0
 

Sonya

"I think its awesome that the bank is reopening..."



I think its awesome that the bank is reopening. Panama banking authorities really proved themselves this time. Also, this bank`s management worked their butts off to protect everyone`s deposits. I`m just going to leave my money there, there would be no more audited and supervised bank in Panama now.



Votes: 0.0
 
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Q: When is stanford bank panama reopening?
  • Anyone has any idea when stanford bank is planning to release clients funds?
    - I have a checking account their and can get through to anyone to get information.
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