The Panamanian banking sector continues to show sustained growth in its mortgage portfolio, which reached more than US$21 billion in total balances as of December 2024, according to APC Experian data. This amount is distributed among 337,163 bonds, with an average balance of US$62,238 per mortgage.

In the last two years, statistics indicate that 59% of mortgage loans approved by banks correspond to homes with a value of less than US$80,000, while 28% is in the range of US$80,000 to US$150,000. Only 13% of loans exceed US$150,000.

In addition, 95% of mortgage balances are paid on time, reflecting a high level of compliance by debtors, while 5% have arrears of more than 61 days. The most used payment method for these obligations is the direct discount, which facilitates the fulfillment of financial commitments.

This solid performance reinforces the central role of mortgage credit in the Panamanian banking sector and in access to housing in the country.