News

The Banking Activity Report (IAB) shows an increase in depositor confidence in the International Banking Center (CBI).

The Superintendency of Banks of Panama (SBP), the Panama Banking Association (ABP), and international experts from the Inter-American Development Bank Group (BID Group) presented, during an event that brought together representatives from Panama’s financial sector, the updated Integrity Guidelines for the banking sector—an essential tool for strengthening trust and transparency within the country’s financial system,

Panama's top financial authorities have announced the launch of the Panama Financial Innovation Hub, a pioneering platform designed to foster dialogue between regulators and innovators in the financial sector, promote financial inclusion, and strengthen system stability.

The report highlights the resilience and strength of Panama’s banking sector towards a complex global environment.

The National Banking System (NBS) demonstrated remarkable operational and financial strength as of the end of the first quarter of 2025, reflecting its ability to adapt and manage prudently in an environment marked by tighter financial margins and high funding costs, according to the Banking Activity Report (IAB) published by the Superintendency of Banks of Panama (SBP).

The net credit portfolio of the International Banking Center (CBI) recorded a notable 7.7% growth compared to the same period in 2024, reaching a balance of USD 95.663 billion—an increase of USD 6.844 billion from USD 88.819 billion reported last year.

As part of its ongoing e5orts and commitment to strengthen Panama's International Financial Center, the Superintendency of Banks of Panama (SBP) has developed strategies aimed at optimizing and streamlining the process of opening bank accounts in the country.

Operations of the International Banking Center (CBI) continue to strengthen, reflecting sustained expansion in its net credit portfolio, which reached USD 95.211 billion at the end of January 2025, marking a 7.9% year-over-year increase, according to the Banking Activity Report (IAB) issued by the Superintendency of Banks of Panama (SBP).

On February 25, 26, and 27, 2025, a designated staff from the National Banking and Insurance Commission (CNBS for its acronym in Spanish) of Honduras visited the SBP with the objective of exchanging knowledge and experiences regarding the SBP’s best practices in key areas of consolidated supervision.

Panama’s International Banking Center (CBI) closed year 2024 with solid financial performance, reaffirming its position as one of the fundamental pillars of the country’s financial system. These findings were presented during the results briefing event, where a 6% growth in assets was highlighted, reaching USD 156,392.8 million, along with an 8.2% increase in profits, reflecting the sector’s resilience and adaptability in a complex global economic environment.

The International Banking Center (IBC) of Panama reaffirms its position as an essential pillar of the national financial system and a regional benchmark, strengthening the confidence of depositors and investors through its excellent operational and financial performance. This is highlighted in the Banking Activity Report (BAR) as of November 2024, issued by the Superintendency of Banks of Panama (SBP).

The credit portfolio of the International Banking Center (IBC) reached USD 94.859 billion, reflecting an interannual growth of 8.9% compared to the same period in the previous year, which stood at USD 87.096 billion, according to the Banking Activity Report (BAR) issued by the Superintendency of Banks of Panama (SBP) as of October 2024.

The Board of Directors of the Superintendency of Banks of Panama (SBP) has appointed directors Rafael Guardia Pérez and Adriana Raquel Carles as Chairperson and Secretary of the board, respectively.

During the Ordinary Meeting of the General Assembly of the Central American Council of Banking, Insurance, and Other Financial Institution Superintendents (CCSBSO), held in Tegucigalpa, Honduras, from December 4 to 6, 2024, the Superintendent of Banks of Panama, Milton Ayón Wong, assumed the Vice Presidency of this important regional organization.

In 2024, Panamanians' Christmas savings reached a historic total of USD 244 million, benefiting 445,133 savers. This result marks a 15% growth compared to the previous year, indicating a stronger commitment from families toward financial planning.

The operations of Panama’s International Banking Center (IBC) continue to evidence steady credit growth. Over the past year, the credit portfolio increased by 9.1%, reaching a total of USD 94.1 billion, while total assets rose by 6.9%, surpassing USD 150 billion for the first time.

The Superintendency of Banks of Panama organized the seventh Supervisory College of the Promerica Group, bringing together representatives from this important financial group to present their corporate strategies related to their business.

As of the end of August 2024, the International Banking Center (IBS) achieved notable growth in its loan portfolio, according to the Banking Activity Report (IAB) from Panama's Superintendency of Banks.

The Superintendent of Banks, Milton Ayón Wong, inaugurated the VII Awareness Session titled "Strengthening Financial Integrity towards ML/FT/FPWMD Risk," organized by the Directorate of Prevention of Money Laundering and Illicit Operations of the SBP.

As part of the 2024 Continental Training Program, the Association of Supervisors of Banks of the Americas (ASBA) conducted an in-person course on Liquidity Risk in Panama City, from September 30 to October 3, 2024.