The Superintendency of Banks of Panama presented its fiscal year 2026 budget proposal totalling PAB 29,850,000 to the Budget Commission of the National Assembly, framing it as funding for operational needs, strategic priorities and institutional modernisation to support the stability, transparency and soundness of Panama’s banking system. According to Superintendent Milton Ayón Wong, the proposal prioritises strengthening banking supervision through advanced technology to help prevent, mitigate and control risks to financial stability. The technology spend is intended to enhance analytical capabilities, automate supervisory processes and support more data-driven decision-making, alongside continued investment in human capital through technical and specialised training programmes for supervisory staff.
Superintendencia de Bancos de Panama 2025-08-25
Superintendency of Banks of Panama submits FY2026 budget proposal of PAB 29.85m focused on supervisory technology and staff training
The Superintendency of Banks of Panama has proposed a fiscal year 2026 budget of PAB 29,850,000 to the National Assembly's Budget Commission, aimed at operational needs and institutional modernization. Superintendent Milton Ayón Wong emphasized the focus on enhancing banking supervision through advanced technology and data-driven decision-making, alongside investment in human capital through specialized training for supervisory staff.