The Superintendency of Banks of the Republic of Panama authorized by Resolution: SBP095 2006 to engage in the business of International Bank. The 1st day. November 2006 LAFISE Bank Panama, SA began operations offering products and services in Corporate Banking and Retail Banking. In 2010 Panama LAFISE Bank was authorized by the Superintendency of Banks of the Republic of Panama to exercise business under general license. In January 2011 the local expansion process begins with the opening of the branch located in the Colon Free Zone. Continuing this process, in May Avenida Balboa branch is open.