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Cash Shortage Reported In Panama; Central Bank Notifies Commercial Banks Of Inability To Meet Some Obligations

LADB Article ID: 075269
Category/Department: General
Date: Friday, March 4, 1988
By: Deborah Tyroler

On March 3, Panama's central bank (Banco Nacional) notified commercial banks that it was unable to meet some obligations. Consequently, major commercial banks were required to limit withdrawals and other transactions. Some bankers and diplomats ...

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