Regulatory Alerts2025-08-04
Agreement No. 5 (2025) Updating Guidelines in Articles 199 and 208 of the Banking Law
The Banking Superintendence of Panama issued Agreement No. 5-2025 to update monetary thresholds for banking consumer protection and administrative claim jurisdiction in response to a 35% increase in the consumer price index since 2008. The agreement raises the maximum transaction amounts for individuals and legal entities to qualify as banking consumers, setting limits up to B/.169,000 for housing and B/.270,000 for micro-enterprise financing. Additionally, it increases the maximum amount for administrative claims the Superintendence can adjudicate from B/.20,000 to B/.30,000, with provisions taking effect on September 1, 2025.
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