Panama's Superintendency of Banks published its Banking Activity Report, showing that the International Banking Center’s net loan portfolio grew 7.7% year on year to USD 95,663 million, an increase of USD 6,844 million. Growth was driven mainly by geographic diversification in credit asset placement, alongside improving delinquency indicators. External lending rose 12.3% to USD 33,268 million, while domestic lending increased 5.4% to USD 62,395 million, remaining the structural core of the credit portfolio; the report noted that higher exposure to external markets brings additional regulatory and macroeconomic risks requiring ongoing monitoring and mitigation. Deposits remained the main funding source at USD 110,198 million, up 2.9%, while financial obligations increased 8.2% to USD 22,180 million. Total assets reached USD 155,707 million, up 4.1%, and the combined overdue and delinquent loan ratio fell to 5.3% in February 2025 from 5.9% a year earlier; reported liquidity and solvency ratios were 53.12% and 15.29%, above regulatory minimums of 30% and 8%.
Superintendencia de Bancos de Panama 2025-04-01
Panama's Superintendency of Banks publishes Banking Activity Report showing International Banking Center net credit up 7.7% to USD 95,663 million
Panama's Superintendency of Banks reported a 7.7% year-on-year growth in the International Banking Center’s net loan portfolio, reaching USD 95,663 million, driven by geographic diversification and improved delinquency indicators. External lending rose 12.3% to USD 33,268 million, while domestic lending increased 5.4% to USD 62,395 million, highlighting the need for risk monitoring. Total assets grew 4.1% to USD 155,707 million, with liquidity and solvency ratios exceeding regulatory minimums.