Resignation of Mr. Adolfo Enrique Linares Franco
1. Ramiro Ortiz Mayorga - Director – Chairperson
2. Francisco José David Paredes Muirragui – Independent Director - Vicechairperson
3. Karla Icaza Meneses - Director - Secretary
4. Oscar Soto Brenes - Director - Treasurer
5. John Keith Sánchez - Director
6. Oscar Isidro Delgadillo Chávez - Director
7. Denise Marie Henríquez Noriega- Director
8. Analissa Endara de Lizarzaburu – Independent Director
Board of Directors
1. Álvaro Velásquez Cock – Independent Director - Chairperson
2. Sergio Arboleda Casas – Independent Director – Vice-chariperson
3. María Fernanda Blanco H. - Secretary
4. Germán Salazar Castro - Director - Treasurer
5. Sergio Uribe Arboleda – Independent Director
6. Isabel Cristina Martínez Coral - Director
7. José Alberto Santana Martínez - Director
8. Alfredo Botta Espinosa - Director
9. Marcela Villegas Conde - Director
10. Rosemary Taylor Fuentes - Director
Board of Directors
1. Juan Raúl Humbert Arias - Director – Chairperson
2. Raúl Alemán Zubieta - Director – Vicechairperson
3. Francisco Sierra Fábrega - Director – Executive Vice-chairperson–General Manager
4. Juan Ramón Brenes Stanziola - Director – Secretary
5. Carlos Alberto Motta Fidanque - Director- Treasurer
6. Álvaro Alfredo Arias Arias – Director
7. Francisco Salerno - Director
8. Osvaldo Mouynes - Director
9. Ricardo Arango Jiménez - Director
10. Luis Carlos Motta Vallarino - Director
Board of Directors
1. Horacio Rafael Vivas Director / Chairperson / Treasurer / General Manager
2. Pedro Daniel Roberto Rebelo - Director
3. Agnes Vargas - Director
4. Christa Sedelmeier - Secretary
According to data from the April 2024 Banking Activity Report (IAB), banking institutions continue to report increases in their portfolio of new loans.
The Superintendency of Banks of Panama (SBP) has presented the Financial Stability Report (IEF) for the end of 2023, providing an evaluation of the main risks to the country’s financial stability and financial system.
The loan portfolio for industry, agriculture, and commerce accounts for 27.9% of the loans in the National Banking System (SBN) as of the first quarter of 2024, according to the Banking Activity Report (IAB) issued by the Superintendency of Banks of Panama (SBP).
The Board of Directors of the Superintendency of Insurance and Reinsurance of Panama has approved the appointment of Mr. Fernando Sucre Míguez as its representative on the Board of Directors of the Superintendency of Banks of Panama.
The deposit portfolio of the International Banking Center (CBI) grew by 9% as of February 2024, amounting to USD 107.06 billion, a year-on-year increase of 9% compared to February 2023 when it totaled USD 98.22 billion, according to the Banking Activity Report (IAB) issued by the Superintendency of Banks of Panama (SBP).
• Panama becomes the third country in Latin America and the Caribbean and the first in Central America to launch its Sustainable Finance Taxonomy.
• This key instrument will facilitate the flow of trade and capital towards environmentally sustainable investments in Panama, contributing to the transition towards a resilient, sustainable, and inclusive national economy.
