The net credit portfolio of the International Banking Center (CBI) recorded a notable 7.7% growth compared to the same period in 2024, reaching a balance of USD 95.663 billion—an increase of USD 6.844 billion from USD 88.819 billion reported last year.
This increase is primarily driven by the geographic diversification strategy in credit asset placement, as highlighted in the Banking Activity Report (IAB) for February 2024, published by the Superintendency of Banks of Panama (SBP).
The external portfolio registered solid growth of 12.3%, reaching USD 33.268 billion, while the domestic portfolio grew by 5.4%, reaching USD 62.395 billion, consolidating itself as the key structural component of the credit portfolio. However, greater exposure to external markets entails additional regulatory and macroeconomic risks, requiring continuous monitoring and the implementation of appropriate risk mitigation strategies.
On the other hand, the deposit portfolio remains the primary source of funding for the CBI, reaching USD 110.198 billion, reflecting a 2.9% year-over-year growth (USD 3.134 billion additional) compared to the same period in 2024. In line with its funding strategy, financial obligations increased by USD 1.672 billion (+8.2%), totaling USD 22.180 billion, indicating higher leverage through wholesale funding. This increase in the liability structure may suggest a strategy to optimize funding costs in an environment of fluctuating interest rates.
The report also highlights an improvement in delinquency indicators within the local credit portfolio, aligning with the positive trend observed across the CBI’s total portfolio. The combined past-due and non-performing loan ratio stood at 5.3% in February 2025, down from 5.9% in the same month last year. This marks a consistent improvement since last year, reflecting better credit portfolio quality.
The CBI’s total assets reached USD 155.707 billion, representing a 4.1% increase (USD 6.144 billion more) compared to February 2024. This performance reflects a strategy focused on optimizing returns on productive assets, supported by efficient capital allocation and prudent financial risk management, strengthening the CBI’s capital structure and enhancing its funding base.
During the analyzed period, the Panamanian banking sector continued its positive trail. Banks maintain stable financial soundness indicators, with liquidity and solvency ratios of 53.12% and 15.29%, respectively. These results exceed the regulatory minimums (30% and 8%), demonstrating the resilience and strength of the Panamanian financial system, further consolidating the CBI’s financial stability.
For more details on this report, visit our website at www.superbancos.gob.pa, under the Financial & Statistical Section.
