Panamanian Banking Industry increases assets by 35.5%

The high yield on financial income is due to the sustained increase of 26.7% in the loan portfolio.

Monday, August 4, 2008


As of May 2008, the consolidated assets of the International Banking Center (CBI) totaled 73.7 billion Balboas, an increase of 35.5%; while on a bank-only basis, the assets continue to show a growing trend with a balance of 61.2 billion Balboas, representing an increase of 28.6%

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Latest News on Panamanian Banking

June 2012

With a total of 90 banks totaling $90 billion in assets, Panama City is establishing itself as an international banking center.

Of the 90 banks currently operating in Panama, 48 of them have a general license, 28 have an international license and the remaining 14 are representative.

Panama: Banking Assets Up 9% in 2015

March 2016

The International Banking Center reported $118 billion in assets in 2015, $10 billion more than was recorded in 2014.

In 2015 the International Banking Center in Panama reported total assets in the order of $118,477 million, 9.2% more than the amount reached in 2014, when the figure reached $108,419 million, according to figures from the Superintendency of Banks in Panama.

Banking System in Panama Still Growing

December 2012

At the end of September, assets belonging to the Panama International Banking Center totaled nearly $87 billion, which represents an increase of 11.6% compared to the same period of 2011.

A statement by the Superintendency of Banks of Panama reads:

Panama's International Banking Center still has solid performance

14.6% Increase in Panamanian Banking Center Assets

January 2012

Banking Center assets recorded a total of $81.24 billion, an increase of $10.34 billion, 14.6%, more than in November 2010.

A press release from the Superintendency of Banks of Panama reads:

Banking Center assets totalled $81.24 billion, an increase of $10.34 billion (14.60%) when compared to November 2010.

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