Panama wins CIADI arbitration against Banesco over bond calls
Regulation · SectorWire deskSource published
Source: Junta de Control de Juegos (Panama) ·
Summary
Panama won an international arbitration brought by Banesco Holding Latinoamérica and Banesco (Panamá) at CIADI, according to a 5 May 2026 award. The tribunal rejected all of Banesco's claims and ordered the bank to pay Panama $900,000 in legal fees and costs. Banesco had sought more than $13.5m over the execution of bonds guaranteeing public works contracts.
Why it matters
The tribunal rejected all of Banesco's claims and ordered it to pay Panama $900,000 in legal fees and costs.
Cite as: SectorWire, “Panama wins CIADI arbitration against Banesco over bond calls”, 6 May 2026, https://sectorwire.news/item/panama-wins-ciadi-arbitration-against-banesco-over-bond-calls/