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Colfinanzas S.A. (Panama)

Main Activities: Nondepository Credit Intermediation
Full name: Colfinanzas S.A. Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Colfinanzas S.A. is a financial company registered with the Financial Companies Directorate of the Ministry of Commerce and Industries. It is regulated as a financial company under Law No. 42 of November 24, 1986. The company holds a leading position among the main financial companies in Panama and has a significant consumer credit portfolio with over 35 years of service. For decades, Colfinanzas has provided financial solutions to its customers through personal loans targeting retirees, educators, healthcare professionals, and public servants. In terms of management and service, Colfinanzas stands out by breaking traditional market schemes as its main business strategy. The company develops innovative products that offer the fastest market solution for the benefit of its customers. With eight branches throughout the country, Colfinanzas ensures accessibility for its clients. The company maintains a strong relationship with major banks and has an impeccable track record, allowing it to be an active issuer on the Panama Stock Exchange through negotiable commercial securities.

Headquarters
Avenida Peru Y Calle 25 Calidonia Edificio Mongat
Panama; Panama; Postal Code: 081600934

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Website: http://www.colfinanzas.com

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
1974
Key Executives
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Chairman of the Board of Directors
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Colfinanzas S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PAB. Absolute financial data is included in the purchased report.
Net interest income
-3.15%
Operating profit (EBIT)
2.98%
Net Profit (Loss) for the Period
4.58%
Total assets
3.58%
Total equity
13.35%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Loans to Deposits Ratio
38.77%
Loans to Asset Ratio
-2.26%

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