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BBVA in 2012

Panama

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The Panamanian economy has continued to perform strongly, with economic growth for 2012 estimated at around 11%, putting it among the top 5 in Latin America. The unemployment rate continues to fall, closing the year below 5%.

BBVA Panama ended the year with positive earnings and a net attributable profit of €27m. In addition, specific provisions have been increased by more than €3m during the period.

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