BOARD OF DIRECTORS’ GENERAL RESOLUTIONS

Date
Description
3 April 2020
Resolution N.° SBP-GJD-0002-2020. Whereby the temporary parameters for the disclosure of customer information to data processing centers or offices for operating purposes of the implementation of the “Plan Panamá Solidario” created by the National Government to mitigate the COVID-19 health crisis are established, in accordance with the provisions of Article 111 of the Banking Law.
20 April 2020
Resolution N.° SBP-GJD-0003-2020. By means of which the frequency of risk rating updates, established by means of Article 4 of Rule 2-2010 on banks ratings, is temporarily extended.
20 April 2020
Resolution N.° SBP-GJD-0004-2020. Whereby the validity of Appraisal Reports is temporarily recognized.
20 April 2020
Resolution N.° SBP-GJD-0005-2020. Whereby special and temporary considerations related to Article 2 of Rule 3-2016 on risk-weighted assets are established.
12 June 2020
Resolution N.° SBP-GJD-0006-2020. Whereby Board of Directors’ General Resolution SBP-GJD-0002-2020 dated 3 April 2020 is rescinded.
16 July 2020
Resolution N.° SBP-GJD-0007-2020. Whereby special and temporary considerations regarding Articles 36, 37 and 38 of Rule 4-2013 on credit risk are established.
22 September 2020
Resolution N.° SBP-GJD-0008-2020. Whereby temporary considerations related to Article 26 of Rule 11-2018 on Operational Risk are established.