New rules for Panama banks

The measure that was approved establishes regulations for credit risk capital, and is applicable to all entities operating under the local system.

Monday, October 13, 2008


Due to the growth and evolution of the risk profiles in existing credit portfolios, the Panama Superintendence of Banks (SBP) approved Accord No. 5-2008 on October 1, 2008.
The total index for capital adjustment cannot be less than 8% of average total of assets, plus the average out of balance operations that represent an irreversible backup based on their risk function.

More on this topic

Panama: New Rules on Bank Risk Management

June 2013

The Superintendency of Banks has approved the Agreement No.4-2013, which establishes rules on the management and administration of credit risk.

From a statement from the Superintendency of Banks:

New agreement strengthens administration and credit risk management

The Board of Directors of the Superintendence of Banks approved Agreement No. 4-2013, which establishes rules on the management and administration of credit risk.

Panamanian Banking Center Continues to Grow

August 2015

Six new institutions want to join the 94 that make up the banking center which operates in the country, whose assets grew by 35% in the last three years.

Data from the Superintendency of Banks indicates that "... the banking center currently has 94 entities: 2 official banks, 18 Panamanian banks with a general license; 29 foreign banks with a general license, 29 internationally licensed and 16 representative offices.

Modification to Banking Regulations in Guatemala

December 2008

Tomorrow the Superintendence of Banks (SIB) will request that the Monetary Board approve a modification of the Regulations for Credit Risk Management.

Even though bank portfolios in arrears are not at a critical level, the SIB will request that the Monetary Board make the changes to the rules in order for banks to increase their reserves for bad debts (loans).

Hostile Outlook for Central American Banking

September 2016

Moody's warns of the risks faced by banks in Central America in the context of a rising trend in interest rates and dollarization of their loan portfolios.

From a report by Moody's:

Mexico, September 14, 2016 -- Banks in Central America face rising asset risks as interest rates look set to rise in the region, pushing up debt service costs for borrowers, according to a report from Moody's Investors Service. 

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