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Panama Banks Assets and Profits Growing at Record Pace

Wednesday, October 6, 2010



Introduction - At the end of May 2007 it has been reported that the Panama Banks have collective assets of over $55,000,000,000 (55 Billion dollars). This is 17% higher than the preceding year (2006). Seventeen percent is very respectable growth by any standards.

The Panama banks reported net gains of $444,000,000 in the first five months of 2007. This is 19% higher than the same figure reported in the year 2006. They are even growing in profits.
This year two new banks have opened in Panama and five others are in the process of getting their doors opened now. Business is good.

Discussion - This is no mystery to us. Panama is currently the most secure jurisdiction for asset protection. Panama has truly anonymous bearer share corporations and truly anonymous foundations. There is no recording of ownership for either in any database or registry. The bearer shares of the corporations do not need to be held by anyone in particular and need not be kept in Panama and the shares can be made out in blank. The books and records for the corporation or foundation can be kept anywhere in the world. Panama bank secrecy laws are among the tightest anywhere in the world. Panama has no tax treaties of any sort with any country. Panama has no mutual judgment collection treaties of any sort for collection of any sort of civil judgment. Panama has some of the best banks in the world. People are finding out that the Switzerland of South America is actually better than Switzerland.

Conclusion - We expect to see more and more banks opening up in Panama. We are seeing floods of new accounts being opened in Panama from investors coming from many different countries. Since Panama is the number one retirement haven as well as being the number one tax haven, this means even more dollars are flowing into the banks as the people move here to enjoy their retirement years in a tropical paradise with low crime, low prices, nice beaches, good fishing and warm weather.

Guide to business and data trends


If one factor is to be named on which today's business world stands it is undoubtedly the data management system of organization. The significance of data captures and interpretation is such that many make and break of most business organizations and big corporate houses depend on efficient data management. Collecting data known, as capturing data at the first place is indispensable for any business house. All type of trading needs data, to manage both the internal and eternal working of the company. Information about details of products dealt by organization, employees working for the growth of company and the marketing opportunities available each aspect need to be studied carefully and analyzed for business promotion, expansion and even day-to-day normal running of business.

Data manipulation and interpretation has been an integral part of enterprises since long only the methods of data entry, storage and retrieval keep on being upgraded to suit growing needs of business world. Older methods of huge paper work for data management requirements of a company have long given way to the computer age and an era of paperless offices is on its way to live for long. Computer handling of data is much more efficient, reliable and fast for all types of data needs in any business. Gathering huge amounts of data at one place and being able to manipulate it easily is one of the greatest advantage of digital data setups.

Computerized information's can be stored on variety of media depending on the requirement, nature and volume of data. Very Large amounts of data that is necessary to be retrieved only when needed can be stored on secondary storage devices for permanent accumulation. Hard disks and CD-ROM's have been popular in acting as data repositories. Data can be written to CD-ROM's by way of burning them using CD-writers and information in hard-disk is stored with the help of any computer.


Even data sharing and transfer has become a matter of minutes by the invention of computerized data management. Information about anything in business can be easily accessed by anyone whoever has the powers to do so even of he is situated at remote distances. In special business organizations where data transfer and sharing is vital for its success emergence of computers has been a heavenly blessing and has given a huge boost to its economic status. Airline reservations, railway bookings, knowing the performance of business in different branches of the organization all has been made easy by introduction of digital computing systems.

These data spreading and keeping of backup copies, apart from serving good to the business has also created threat of data theft and data damages for business. Hackers from all over world and also social technical culprits impose high risk of accessing and misusing vital facts of business. Apart from natural damages like that of fire, flood, lightning or sudden accidents business data needs to be safeguarded from ill- intentions of some malicious human beings. All these necessities have given intense boost to data security software and other safety measures implied by companies. Even the extra costs incurred in beginning for implying protection against anticipated data loss are worth being considered for long term gains of business houses

Vida Guerra - The hottest model in the world!


Vida Guerra born in Cuba and at the age of 6 she moved to the United States with her family and settled in the town of Perth Amboy ( New Jersey ) .She was very fluent in both English and Spanish. In school days, she was teased because of the size of her derriere. When she grew up she took some modeling swimwear shows and also appeared in music videos. Her ex- boyfriend suggested her to send photographs for the FHM magazine for the "Honey Next Door" section.

After doing this modeling assignment she became a supermodel in a very less time. Her cute and innocent looks attracts various people and in this way she got various other modeling opportunities. She was demanded more by people and called for more photo shoots. In 2004, she became "FHM Model of the year". After that she was on the cover page and inside the various magazines which includes Escape, DUB, Open Your Eyes and Smooth etc.

She also did various appearances on Spanish language television programs such as El Gordo y La Flaca. She became popular in music videos like "Workout Plan" and "Shake YourTailfeather". She also appeared in "Chappelle's Show and film "Writer's Block" in 2003, "Fake Preacher" in 2005 and "Dorm Daze II in 2006. In 2005, her camera phone was hacked and her various photos were posted on the internet and then sent widely. In February 2006, she was recognized as one of the internet's
most wanted names.