Ranking tables
Banking & Finance | Global
Panama
Rankings overview for Departments
Galindo, Arias & López 6 Years Ranked- Morgan & Morgan
SIGMA International and Global Market Attorneys 2 Years Ranked- Alfaro, Ferrer & Ramírez
- Icaza, González-Ruiz & Alemán
All Departments profiles
Band 1
1 Alemán, Cordero, Galindo & LeeBanking & Finance2026 | Band 1 | 6 Years RankedAlemán, Cordero, Galindo & Lee is a powerhouse firm with a highly reputed banking and finance practice. The team boasts significant expertise advising Panamanian and multinational lenders on acquisition, trade and project finance, frequently assisting with syndicated loans. The department routinely acts as counsel to prestigious domestic and international corporate borrowers on sophisticated credit agreements, including bridge loans and the refinancing of existing debt. The firm's expertise extends to the representation of clients before the financial regulator.
1 Arias, Fábrega & FábregaBanking & Finance2026 | Band 1 | 6 Years RankedArias, Fábrega & Fábrega advises on a plethora of banking and finance matters in Panama. The team demonstrates expert capabilities handling both regulatory and transactional matters for international financial institutions, including sector-specific M&A. The department routinely assists lead arrangers with syndicated financing structures, both secured and unsecured. The firm's expertise encompasses corporate, acquisition and project finance mandates, with significant exposure to cross-border transactions. Arias, Fábrega & Fábrega also has experience advising on aircraft financing and leasing issues.
Band 2
2 Galindo, Arias & LópezBanking & Finance2026 | Band 2 | 6 Years RankedGalindo, Arias & López demonstrates noteworthy expertise in banking and finance matters in Panama. The team offers standout expertise in aviation financing and leasing matters, as well as acquisition and project finance. The department is frequently retained by banking entities acting as borrowers to advise on bilateral and syndicated loans, including unsecured term agreements. The firm is well positioned to provide counsel on the regulatory aspects of banking and finance transactions.
Band 3
3 SIGMA International and Global Market AttorneysBanking & Finance2026 | Band 3 | 2 Years RankedPanama City-based boutique SIGMA International and Global Market Attorneys offers expertise in acquisition and project financing, as well as supporting its clients in loan facilities. The legal department receives praise for its knowledge and customer service.