The Superintendency of Banks of Panama (SBP) published Banking Activity Report statistics for end-March 2025, indicating continued balance-sheet growth across the National Banking System (SBN) and the International Banking Center (CBI), with liquidity and solvency ratios remaining above regulatory minimums despite tighter financial margins and high funding costs. SBN credit reached USD 64.25bn, up 4.7%, led by commerce (+5.5%) and personal consumption (+4.4%). The CBI net loan portfolio rose 9.6% year on year to USD 97.647bn, an increase of USD 8.582bn. SBN deposits totalled USD 96.796bn (+3.7%), driven by internal deposits (+1.9%) and external deposits (+7.9%), while CBI deposits grew 4.5% to USD 111.1898bn with internal deposits up 2% and external deposits up 8.6%. SBN net assets increased 5.3% to USD 139.1103bn, supported by loans (+7.9%) and securities investments (+3.1%) alongside a slight decline in liquid assets (-0.2%), and CBI net assets reached USD 157.1281bn (+5.5%). Reported liquidity and solvency ratios were 52.41% and 15.29%, above the regulatory minima of 30% and 8%.