In February 2008, the Superintendency of Banks of the Republic of Panama authorized renaming the then Banco del Centro SA, why, this subsidiary of Mercantil Financial Services, which had more than 30 years of activity in this country , was renamed Commercial Bank (Panama). The decision of the regulatory authority of the financial system in Panama, was granted by SBP Resolution No. 055-2008, dated February 19, 2008. Mercantile Bank (Panama) had been operating for three decades through an international license, and in December 2007 received a general license by the Panamanian authorities to participate in the local market, allowing it to offer both residents Panama and abroad, a greater variety of products and services with quality and excellence that has always characterized Mercantil. The headquarters of Mercantile Bank (Panama) SA, is located on the ground floor of the Towers of the Americas, Punta Pacifica, one of the financial centers and major trade city of Panama sector. Through the development of Panama operations, Commercial Financial Services consolidates its presence in international markets, which includes, in addition to the United States, Switzerland and Curacao, as well as its network of representative offices, mainly in Latin America.