Arias, Fábrega & Fábrega acted as legal counsel to Pacific Bank in connection with the registration of up to US$50 million in corporate securities at the Superintendence of Capital Markets (SMV) and the Latin American Stock Exchange (Latinex). This transaction provides Pacific Bank with access to funds from the local securities market to finance the growth of its operations, working capital, and other corporate purposes.

ARIFA's expertise was crucial in navigating this regulatory landscape and ensuring compliance with applicable capital markets regulations. 

Pacific Bank was acquired by Grupo Financiero Atlántida in 2022. This transaction exemplifies how the group is strengthening its presence in Panama. By accessing the local market, the bank is diversifying its funding sources to support its regional expansion.