Business practices and customs in Panama are a unique blend of North
American methods and traditional Latin style. Foreign corporations
operating in Panama are important in shaping the style and manner of
doing business.

Private business offices are open from 8:00 a.m. until
5:00 p.m., Monday through Friday, and Saturdays from 8:00 a.m. to 12 noon. Banks are open from 8:00
a.m. to 3:00 p.m., Monday through Friday. Most local banks open Saturdays
from 9:00 A.M. to 12:00 Noon. Government offices are open from 8:30
a.m. to 4:30 p.m., Monday through Friday.