Banking area in the capital city.
Thursday, March 10, 2022 – 12:00 a.m.
A report from the Superintendence revealed the figures for 2021, there is optimism
New loans and deposits from individuals in banking increased in 2021 by 14% and 7.4%, respectively, compared to 2020, reported the Superintendency of Banks of Panama (SBP).
The regulatory body detailed that new loans totaled 16 thousand 844 million dollars (+14%) in 2021, a sign that the economic recovery began to positively impact most of the productive sectors.
On the other hand, 60% of deposits from individuals belong to companies, where there was a growth rate of 6.5%, while the remaining 40% corresponds to natural persons, with a rise of 3.8% compared to 2021, specified the official information.
The bank superintendent, Amauri Castillo, called for “cautious optimism” in economic and financial matters, given the presence of “multiple risks and a framework of strong uncertainty, increased by the war in Ukraine.”
The assets of the International Banking Center (IBC) reached a total of 133 thousand 351 million dollars in 2021, an increase of 2.3%.
GIVEN
Money
One of the sectors with the highest level of transfer to the portfolio was the mortgage.