Towerbank International Inc

Towerbank's main activity is that of a banking institution offering comprehensive financial services. The bank offers a range of products and services such as current and savings accounts, credit cards, personal and commercial loans, wealth management solutions, as well as digital banking services. Towerbank primarily serves individuals, businesses and investors, both locally and internationally, with an emphasis on innovation, security and the personalization of the customer experience.

Towerbank is a bank based in Panama City, recognized for its innovative and customer-centric approach. Here are the key stages of its development:

• Creation and positioning: Towerbank established itself as a financial institution focused on innovation, integrity, and trust, with a strong presence in Latin America.
• Product development: The bank offers a comprehensive range of banking services for individuals and businesses, including checking accounts, credit and debit cards, foreign trade financing solutions, structured loans, and working capital management.
• Digital innovation: Towerbank launched ikigii, an application that allows users to manage accounts in dollars and cryptocurrencies, accessible in several Latin American countries. This initiative positions Towerbank as one of the region’s first crypto-friendly banks.
• Business solutions: The bank developed Tower Pay, a suite of electronic payment solutions (TowerCart, TowerLink, TowerQR, TowerAPI) to support the digitalization of businesses and e-commerce.
• Strategic partnerships: Towerbank has formed alliances, notably with Banco Nacional de Panamá, to strengthen access to financing in the country.
• Corporate culture: Towerbank promotes a corporate culture focused on imagination, teamwork, and positive impact, valuing innovation and personalized support for its clients.

Today, Towerbank stands out for its commitment to digital transformation, financial inclusion, and tailored support for its clients, while continuing to expand its service offering and regional presence.

The founder of Towerbank International Inc. is not explicitly mentioned on the official website, but the bank was founded in 1972 in Panama. The main members of the management team include:

• Stanley Motta – Chairman of the Board of Directors
• Pedro Bordas – Chief Executive Officer (CEO)
• Juan Carlos Fábrega – Executive Vice President
• Alberto Vallarino – Member of the Board of Directors
• Ricardo Arias – Member of the Board of Directors

These executives oversee the strategic operations and management of the bank, which focuses on international banking services and digital innovation.