The Superintendency of Banks of Panama published its Banking Activity Report for May 2026, showing that Panama’s International Banking Center remained well above regulatory liquidity and capital thresholds while continuing to expand lending. The liquidity ratio stood at 60% against a 30% minimum, and the capital adequacy ratio reached 16.04% against an 8% minimum. Net credit portfolio balances rose 3.7% year over year to USD 102,191.2 million. Credit growth was driven mainly by external business. The net external portfolio increased by USD 3,472.3 million, or 9.71%, to USD 39,234.5 million, while the net domestic portfolio rose by USD 212.9 million, or 0.34%, to USD 62,956.7 million. Total assets reached USD 167,440.4 million, up 6.8% year over year, and deposits increased 7.4% to USD 121,090.3 million, led by a USD 4,827.4 million rise in external deposits and a USD 3,542.4 million increase in domestic deposits. The release links the system’s solvency position in part to stronger prudential requirements, including the capital conservation buffer and the start of applying the buffer for systemically important banks.