The operations of Panama’s International Banking Center (IBC) continue to evidence steady credit growth. Over the past year, the credit portfolio increased by 9.1%, reaching a total of USD 94.1 billion, while total assets rose by 6.9%, surpassing USD 150 billion for the first time.
These results highlight that the credit portfolio remains the principal component of CBI assets. The foreign segment indicates broader geographic diversification in the banking system’s credit operations, according to the Banking Activity Report (BAR) published by the Superintendency of Banks of Panama (SBP) in September 2024.
As for new accumulated credit disbursements by the National Banking System (NBS), a total of USD 18.9 billion was recorded, representing an annual growth of 13.3%. This growth indicates an expansion in the banking sector’s financing capacity, supported by favorable credit conditions and renewed optimism in economic perspective.
Historically, the CBI has maintained a solid liquidity position of 54.95% and capital ratio of 15.65%, demonstrating that banks have sufficient resources to meet short-term obligations. These ratios, which significantly exceed regulatory standards, indicate a robust capital structure and reinforce the ability of institutions to respond to potential market fluctuations or large-scale deposit withdrawals.
For more information on the variables that explain these report results, please visit our website at www.superbancos.gob.pa/estadisticas-financieras.
