The International Banking Center of Panama has experienced a growth of 7.58% in its credit portfolio until June 2024, this increase, although significant, must be understood in two key contexts: the post-pandemic period, when growth exceeded double digits, and the stage marked by the end of financial relief, according to the Director of Financial Stability of the Superintendency of Banks of Panama, Javier Motta.

This moderate growth of the credit portfolio is attributed in part to the fact that banks have continued to grant loans, despite the economic slowdown that has affected the country, while the resilience of the banking sector reflects an effort to maintain liquidity and access to credit for companies and households in a challenging economic environment.

For the second half of 2024, banks anticipate an improvement in credit demand at both the business and family levels, this expectation is based on the perception that Panama is aimed at putting the house in order, which would generate an environment of greater trust among investors and consumers.