The Board of Directors of the Superintendency of Banks of Panama (SBP) issued Rule 1 of 2026, dated January 16, 2026, through which it updates provisions aimed at preventing the misuse of banking and fiduciary services, with the objective of strengthening the regulatory framework applicable to supervised entities and consolidating the control and oversight mechanisms of Panama’s financial system.
From October 27 to 30, the Superintendency of Banks of Panama (SBP) hosted the in-person course “Consolidated Supervision and Risk Integration,” a high-level program delivered by specialists from the Board of Governors of the Federal Reserve System (Fed), aimed at professionals with extensive experience in banking supervision and regulation.
Canal Bank, S.A. appoints Gina de Sáenz as its new General Manager, effective January 5, 2026.
BBP BANK, S.A., announces the relocation of its offices located in Punta Pacífica, Calle Punta Coronado, Torre de Las Américas Building, Tower C, Floor No. 14, San Francisco district of Panama City, to its new facilities located in the same building in Tower B, Floor 21, effective January 9, 2026.
UNI TRUST, INC., announced the appointment of Ms. Xochilt Nayen Fernández Rodríguez as the new General Manager, effective December 4, 2025.
Banco Davivienda (Panama), S.A. has appointed Ms. Joanna Graciela Crooks Ortiz as the new Executive President and General Manager of the bank, effective December 1, 2025, replacing Ms. Adriana Darwich Puyana.
Towerbank International Inc., appointed Ms. Monica Vial as acting general manager, effective January 5, 2026.
The Superintendency of Banks of Panama (SBP) held a solemn ceremony in honor of the memory of Mr. Rafael Guardia Pérez, a former member of its Board of Directors, in recognition of his invaluable contributions, leadership, and commitment to institutional strengthening and the development of the International Banking Center.
The net loan portfolio of the International Banking Center (CBI for its acronym in Spanish) grew by 5.91%, reaching USD 100,578.9 million, representing a year-on-year increase of USD 5,608.4 million compared to the same period of the previous year. This performance consolidates the loan portfolio as the main driver of asset expansion as of November 2025, according to the Banking Activity Report (IAB) issued by the Superintendency of Banks of Panama (SBP).
The Superintendent of Banks of Panama, Milton Ayón Wong, presented the SBP’s 2025 report on advances in Anti–Money Laundering, the Financing of Terrorism, and the Financing of the Proliferation of Weapons of Mass Destruction (AML/CFT/CFP), during the Expanded Meeting of the National Commission against Money Laundering (CNBC), a forum that brought together key stakeholders from Panama’s financial system.
