The Superintendency of Banks of Panama (SBP) presented the 2025 financial results of the International Banking Center (IBC) within the framework of the twenty-sixth edition of its traditional annual event.
The IBC continues to consolidate its position as a trusted regional platform for savings and investment, as evidenced by the performance of its deposit portfolio, which totaled USD 116,810 million as of December 2025. This represents growth of 5.72%, or an additional USD 6,323.0 million, compared with the same period of the previous year.
This performance was driven mainly by external deposits, which recorded growth of 11.07%, reaching USD 46,568 million—an increase of USD 4,641 million compared with the same period last year, when they stood at USD 41,927.0 million—according to the results of the Banking Activity Report published by the Superintendency of Banks of Panama (SBP).
Domestic deposits from individuals grew by 2.46%, reaching a balance of USD 70,242 million, compared with USD 68,557 million in the same period of the previous year—an increase of USD 1,684 million.
As for the net credit portfolio, it consolidated its role as the main driver of asset expansion, reaching USD 100,000 million and reflecting growth of 5.06%, or an additional USD 4,813 million. This performance was mainly attributable to the private sector portfolio, with greater concentration in the mortgage, personal consumption, and commerce segments, which increased their share from 78.7% to 80.2% of the total portfolio.
During the period under review, the IBC’s net assets recorded year-on-year growth of 4.23%, totaling USD 163,014.7 million, equivalent to an increase of USD 6,623.2 million. This growth reflects prudent and profitable management focused on strengthening productive assets—particularly credit and investments—within a regional environment characterized by intense competition for liquidity.
This performance underscores efficient resource allocation and prudent balance sheet management, contributing to the preservation of solid solvency metrics and leverage levels consistent with a moderate risk profile.
With respect to prudential indicators, the system maintained robust liquidity and capitalization levels. The legal liquidity ratio stood at 54.87%, while the Liquidity Coverage Ratio (LCR) exceeded the regulatory threshold by a wide margin. Likewise, the Capital Adequacy Ratio (CAR) reached 16.34%, above the minimum requirement, ensuring an adequate buffer to absorb potential external or credit shocks.
These results confirm that Panama’s banking system maintains solid liquidity, capital, and profitability fundamentals, positioning it favorably in a more demanding financial environment. Although profits showed less momentum than in 2024, institutions continue to demonstrate their capacity to generate sustainable results.
The SBP reaffirms its commitment to maintaining rigorous risk-based supervision, ensuring compliance with banking regulations related to anti–money laundering prevention, and strengthening the financial performance of the IBC, in order to anticipate vulnerabilities and preserve the financial stability of a solid, transparent system aligned with international best practices.
The agenda also included the conference titled “The Importance of Cybersecurity from Regulatory and Supervisory Perspectives,” delivered by Rangachary Ravikumar, a guest expert from the International Monetary Fund, who addressed key challenges and best practices in managing technological risks within the financial system.
This high-profile event brought together government authorities, representatives of the banking and financial industry, regulatory and supervisory bodies, multilateral institutions, credit rating agencies, members of the diplomatic corps accredited in Panama, and the media, among other distinguished guests.
For further details on the results of this report, please visit our website at www.superbancos.gob.pa, in the Financial and Statistics section.
