According to the Banking Activity Report (IAB, for its acronym in Spanish), issued by the Superintendency of Banks of Panama, the deposits recorded in the banking system as of January 2022 totaled USD 98.56 billion, an increase of USD 2.11 billion versus January 2021.
As of Wednesday, February 23, 2022, the modification of the percentages for the distribution of the Special Interest Compensation Fund (FECI, for its acronym in Spanish) to the agricultural sector came into force, announced by the President of the Republic, Laurentino Cortizo Cohen...
The Development Bank of Latin America (CAF) is part of the multilateral institutions supporting the initiative for the implementation of the National Strategy for Financial Education (ENEF, for its acronym in Spanish) in Panama.
During 2021, the Superintendency of Banks held 498 training sessions on topics related to technical knowledge, skills development, and complementary training.
The Superintendency of Banks of Panama (SBP) and the Panamanian Institute of Autonomous Cooperatives (IPACOOP) signed a collaboration and cooperation agreement to continue raising the financial education of the Panamanian population.
According to the Banking Activity Report as of November 2021, new loans granted by the National Banking System (NBS) stood at USD 15.96 billion, which represents an increase of 17% versus the same period of 2020, when it reached USD 13.60 billion, i.e. USD 2.37 billion more.
The Superintendency of Banks of Panama (SBP) participated in the “IV Convention on International Regulations” held by the Instituto Guatemalteco de Contadores Públicos y Auditores (IGPA – Guatemalan Institute of Public Accountants and Auditors).
The National Authority for Transparency and Access to Information (ANTAI, for its acronym in Spanish) qualified and certified the Superintendency of Banks of Panama (SBP) with a score of 100 for reaching the maximum level in the annual assessment that measures compliance with Law 6 on Transparency in Public Management.
The net loan portfolio of the International Banking Center (IBC) recorded a 1.9% growth, as of October 2021, by amounting to USD 72.83 billion, USD 1.35 billion more than that of October 2020, when it totaled USD 71.47 billion.
