They will promote the Tu Balboa con Sentido website
SBP completes first stage of identifying strategic allies
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Despite greater global risks, the financial conditions of the system’s institutions remain comfortable and with high liquidity.
This analysis demonstrates that the Panamanian Banking System can face a hypothetical risk scenario.
The Superintendent of Banks, Amauri A. Castillo, attended the Board of Directors meeting of the Association of Supervisors of Banks of the Americas (ASBA), held in Montevideo, Uruguay on April 27 and 28, 2022.
Starting today, Villa de los Santos and its surrounding towns will be visited by a team from the Superintendency of Banks of Panama (SBP) that will be participating with the “Tu Balboa Con Sentido” stand in the 58th edition of the Azuero International Fair (FIA, for its acronym in Spanish), as part of the initiative that seeks to strengthen free financial education nationwide.
An alliance between the Asociación Panameña de Ejecutivos de Empresa (APEDE, Panamanian Association of Business Executives) and the Superintendency of Banks of Panama (SBP) creates new opportunities for the private sector to join the efforts that seek to promote financial education nationwide.
To raise awareness about the rational and efficient use of energy, both in the institution and at home, the Superintendency of Banks of Panama (SBP) held a training addressed to its employees.
Customer deposits continue to show an upward trend in the Panamanian banking system, as reflected in the Banking Activity Report for February 2022.
SBP and Sparkassenstiftung Alemana Latinoamérica strengthen cooperation ties for financial education
The Superintendent of Banks, Amauri A. Castillo, received a courtesy visit from Mr. Gerd Weissbach, Director General for Sparkassenstiftung Alemana Latinoamérica.
With the purpose of strengthen technical activities and the students’ learning process, the Superintendency of Banks of Panama (SBP) made a significant donation of technological equipment to Centro Regional de Panamá Oeste of Universidad Tecnológica de Panamá (UTP).
Focused on enhancing the National Strategy for Financial Education (ENEF, for its acronym in Spanish) initiative, which aims to raise the financial culture of the country, the Superintendency of Banks of Panama (SBP) participated in the David International Fair 2022 with the stand “Tu Balboa con Sentido.”
According to the Banking Activity Report (IAB, for its acronym in Spanish), issued by the Superintendency of Banks of Panama, the deposits recorded in the banking system as of January 2022 totaled USD 98.56 billion, an increase of USD 2.11 billion versus January 2021.
- Depositors are confident of the banking system.
- The modified [loan] portfolio shrunk by 59% or USD 13.69 billion.
As of Wednesday, February 23, 2022, the modification of the percentages for the distribution of the Special Interest Compensation Fund (FECI, for its acronym in Spanish) to the agricultural sector came into force, announced by the President of the Republic, Laurentino Cortizo Cohen...
The Development Bank of Latin America (CAF) is part of the multilateral institutions supporting the initiative for the implementation of the National Strategy for Financial Education (ENEF, for its acronym in Spanish) in Panama.
During 2021, the Superintendency of Banks held 498 training sessions on topics related to technical knowledge, skills development, and complementary training.
The Superintendency of Banks of Panama (SBP) and the Panamanian Institute of Autonomous Cooperatives (IPACOOP) signed a collaboration and cooperation agreement to continue raising the financial education of the Panamanian population.
According to the Banking Activity Report as of November 2021, new loans granted by the National Banking System (NBS) stood at USD 15.96 billion, which represents an increase of 17% versus the same period of 2020, when it reached USD 13.60 billion, i.e. USD 2.37 billion more.
The Superintendency of Banks of Panama (SBP) participated in the “IV Convention on International Regulations” held by the Instituto Guatemalteco de Contadores Públicos y Auditores (IGPA – Guatemalan Institute of Public Accountants and Auditors).
The National Authority for Transparency and Access to Information (ANTAI, for its acronym in Spanish) qualified and certified the Superintendency of Banks of Panama (SBP) with a score of 100 for reaching the maximum level in the annual assessment that measures compliance with Law 6 on Transparency in Public Management.
The net loan portfolio of the International Banking Center (IBC) recorded a 1.9% growth, as of October 2021, by amounting to USD 72.83 billion, USD 1.35 billion more than that of October 2020, when it totaled USD 71.47 billion.