The Central Bank of Nicaragua reported that its president, Ovidio Reyes R., and the Superintendent of Banks and Other Financial Institutions, Luis Ángel Montenegro, participated in the 13th joint meeting of the Central American Monetary Council (CMCA) and the Council of Central American Superintendents of Banks, Insurance and Other Financial Institutions (CCSBSO), held virtually on 20 May 2025. The session reviewed the Regional Financial Stability Report 2024 and discussed the 2024 financial situation of regional banks. The Regional Financial Stability Report presented results for key indicators used to monitor the accumulation of potential vulnerabilities and identified risks that could affect financial stability, including United States trade and migration policy, geopolitical and social tensions, and cyber risks. Home-country supervisors from Panama and Colombia also presented an overview of regional banks’ 2024 financial position, including key balance-sheet items and indicators such as profitability, efficiency, solvency and liquidity, with central banks and supervisory authorities participating from Central America, Panama, the Dominican Republic and Colombia.
Central Bank of Nicaragua 2025-05-21
Central Bank of Nicaragua participates in joint CMCA and CCSBSO meeting reviewing 2024 regional financial stability and banks
The Central Bank of Nicaragua's president and the Superintendent of Banks attended the 13th joint meeting of the Central American Monetary Council and the Council of Central American Superintendents of Banks, Insurance and Other Financial Institutions. The meeting reviewed the Regional Financial Stability Report 2024, highlighting risks from U.S. trade and migration policy, geopolitical tensions, and cyber threats. Supervisors from Panama and Colombia presented on regional banks' financial positions, covering profitability, efficiency, solvency, and liquidity.