The Superintendency of Banks of Panama published its Banking Activity Report to November 2024, outlining balance sheet and prudential indicators for Panama’s International Banking Center (CBI) and National Banking System (SBN). The update points to continued year-on-year growth in lending, deposits and total assets, alongside liquidity and capital ratios reported as above regulatory requirements. The CBI’s net credit portfolio grew 8.6% year-on-year to USD 94,870 million, driven by commerce, personal consumption and agriculture. SBN local credit rose 5.3% to USD 64,183 million from USD 60,945 million a year earlier. CBI deposits totalled USD 107,403 million, up 3.07% year-on-year, while total CBI assets reached USD 152,996 million, an increase of USD 6,854 million (4.69%), supported by net lending and securities investments. The Average Liquidity Index stood at 54.1% and the Capital Adequacy Index at 15.9%, described as aligned with Basel III.
Superintendencia de Bancos de Panama 2025-01-10
Superintendency of Banks of Panama reports 8.6% year-on-year growth in International Banking Center net credit portfolio and a 15.9% capital adequacy ratio as of November 2024
The Superintendency of Banks of Panama's Banking Activity Report to November 2024 highlights growth in lending, deposits, and total assets for Panama’s International Banking Center (CBI) and National Banking System (SBN). The CBI's net credit portfolio increased by 8.6% to USD 94,870 million, while SBN local credit rose by 5.3% to USD 64,183 million. Liquidity and capital ratios exceed regulatory requirements, with the Average Liquidity Index at 54.1% and the Capital Adequacy Index at 15.9%, aligned with Basel III standards.