Modification of Registration Act 2011 in Anguilla- New Fee

The Government of Anguilla approved an amendment to the Act
Register on October 17, 2011, which introduces an annual fee called
"Anguilla Government Finance Office Fee" the amount of $ 30.00 which will be used
for the international marketing of the jurisdiction.
Currently the annual license from the Government of Anguilla is $ 200.

The Government of Anguilla has had four periods of
Annual license renewal indicating that each company must pay its
annuity before the end of each quarter.

Panama's Banking Center Reports Nearly 12% growth in assets

 

 

gabriel.aguilar@laglex.com

The International Banking Center of Panama in October 2011 recall of growth in assets 11.96%, Reaching 79 525 million dollars, Compared To The Same month last year, reports the Superintendency of Banks of Panama (SBP). The International Banking Center of Panama in October 2011 registered a growth of the assets of 11.96% to 79.525 million dollars, compared to the same month last year, the Superintendency of Banks of Panama (SBP).
According To report a PBS executive Distributed by email, the Annual Increase 8498 inassets million dollars is more Than in October 2010. According to a report distributed by PBS executive email inassets the annual increase is $ 8,498,000 more than in October 2010.
The cumulative Net Income to October 2011 amount to 1.078 million dollars, 163 million Compared to the previous more year, I adds. The cumulative net income to October 2011 amounted to 1,078 million dollars, 163 million more compared to last year, he adds.
He Explained That this is possible "by Higher Revenues, concentrate in interest onloans (11.9%) Dividends paid on shares of banks in companies (51.1%) and other Income (28.0%)." He explained that this is possible "by the higher income, interest focused on onloans (11.9%), dividends paid in shares of banks in companies (51.1%) and other income (28.0%). "
The Usefulness of This Period have generated a ROAA of 1.78% and ROE of 15.1% margin is With An interest at 2.5%. The usefulness of this period has generated a ROAA of 1.78% and ROE of 15.1% with a range of interest is 2.5%.
"Efficiency Levels Have Remained Stable, Which Strengthened the return onassets you," I says. "Efficiency levels have remained stable, which has strengthened the onassets back," he says.
Also found better results in local loans, amounting to 27,973 million dollars, 16.7% of agrowth over the Same Period in 2010. They also found better results in local loans, amounting to 27.973 million dollars, agrowth 16.7% over the same period in 2010.
"Compared to December (2010) Recorded an Increase of 14.9%," I says. "Compared with December (2010) recorded an increase of 14.9%," he says.
The Banking Center Provides an indicator of nonperforming loans to total loans of 0.8%, Slightly Lower Than That Obtained in December 2010, Located at 0.9%, the report said. The Banking Center is an indicator of non-performing loans over total loans of 0.8%, slightly lower than that obtained in December 2010, stood at 0.9%, according to the report.
The loan portfolio accounts for 63.0% of total assets, 60.7% Higher Than That Heldin October 2010. The loan portfolio represents 63.0% of total assets, 60.7% higher than October 2010 Heldin.
"This is possible as a result of Further optimization of resources and meet the demand for credit in the square," I says. "This is possible as a result of further optimization of resources and meet the demand for credit in the square," he says.
The SBP notes Investments That Represent 18.1% and 15.0% cash assets. PAS notes that investment represents 18.1% and 15.0% of assets in cash.