The Superintendency of Banks of Panama (SBP) presented its budget proposal for fiscal year 2026, totaling B/.29,850,000, to the Budget Committee of the National Assembly.
The presentation was led by the Superintendent of Banks, Milton Ayón Wong, who explained that this budget addresses the operational, strategic, and institutional modernization needs of the regulatory authority, with the goal of continuing to ensure the stability, transparency, and soundness of the Panamanian banking system.
“With this budget, we will continue strengthening the supervisory process through various advanced technological tools, aimed at preventing, mitigating, and controlling risks that may threaten financial stability, in addition to continuing with our ongoing training plan for the specialized technical staff,” stated the Superintendent during his remarks.
Mr. Ayón Wong emphasized that investment in technology will be a key component to enhance analytical capabilities, automate supervisory processes, optimize data-driven decision-making, and strengthen the stability of the financial system.
During the session, he also highlighted the impact of the budget on strengthening human talent, with emphasis on technical and specialized training programs that will enable more effective responses to the challenges of the financial and regulatory environment.
The Superintendent reaffirmed SBP’s commitment to timely, efficient banking supervision aligned with the highest international standards, particularly in a global context of digital transformation and new regulatory requirements.
