The economic performance demonstrates the Panamanian productive sector’s capacity to overcome difficult situations.
The report displays the impact of interest rate hikes.

With the aim of understanding the Panamanian banking sector’s vision regarding its role in managing and adopting Environmental, Social, and Governance (ESG) criteria, including climate and social risks, the Superintendency of Banks of Panama (SBP) hosted the first Participatory Workshop with banks.

Bank liquidity and solvency exceed regulatory minimums.
Good payment performance is demonstrated by a 2.4% delinquency rate.

The Volunteer Committee of the Superintendency of Banks of Panama celebrated “Good Deeds Day” with various activities, including the creation of the school garden and a self-sustaining chicken coop at Centro Educativo Multigrado Las Zanguengas, located in the community of Las Zanguengas, Panama Oeste.

The Superintendent of Banks of Panama, Amauri A. Castillo, attended the Technical Agenda and General Assembly meetings of the Central American Council of Banks, Insurance, and Other Financial Institutions Superintendents (CCSBSO) held in Guatemala on April 13 and 14, 2023.

For the second year, ‘Tu Balboa con Sentido’ and the Superintendency of Banks of Panama are participating in the 59th edition of the Azuero International Fair (FIA), where the Azuero community and visitors will learn, in an engaging manner, about saving and budgeting, how to manage money, as well as financial advice, free of charge.

The technical staff of the Superintendency of Banks of Panama (SBP), comprised of Roxana Castillo, Director of Supervision of Financial Intermediaries and Trust Companies, and Ingrid Arboleda, Financial Analyst of the Financial Stability Division, attended the meeting of the Accounting and Financial Standards Committee organized by the Superintendency of Banks of the Dominican Republic and the Central American Council of Banks, Insurance, and Other Financial Institutions Superintendents (CCSBSO) in Santo Domingo, Dominican Republic, from April 19 to 22, 2023.

During the meeting, the progress of roadmaps of CCSBSO members to implement the International Financial Reporting Standards (IFRS) was presented.

Representatives from the superintendencies of Colombia, Costa Rica, El Salvador, Honduras, Nicaragua, the Dominican Republic, and Panama participated in the event.

The Superintendency of Banks of Panama (SBP) celebrated its 25th anniversary with a thanksgiving mass at Santuario Nacional del Corazón de María.

The Eucharist was presided over by Monsignor José Domingo Ulloa, Archbishop of Panama, and concelebrated by temple priest Freddy Ramírez.

The religious ceremony was attended by the Superintendent of Banks, Amauri A. Castillo, members of the Board of Directors, the Secretary-General, the executive staff, and over 400 institutional employees.

A revamped version of the previous website, featuring innovative content and enhanced user-friendliness, was unveiled.
The regulatory body aims to provide an outstanding information platform that is incredibly useful for its visitors.

The International Banking Center (CBI) is regaining its performance in 2022 in terms of assets, financial intermediation volume, and profitability, as emphasized by the Superintendent of Banks, Amauri A. Castillo, during the presentation of the December 2022 results.