Regulatory Alerts2026-06-29
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Circular 2026-0066: Local Market Reference Rate for Preferential Mortgage Loans for Restoration under Law 136-2013
The Superintendence of Banks of Panama issued Circular 2026-0066 to formally notify the General Manager of the Local Market Reference Rate for Preferential Mortgage Loans for Restoration for the third quarter of 2026. Pursuant to Article 4 of Law 136-2013, which updates the fiscal regime for the rehabilitation of Panama City's Historic Casco Antiguo, the circular establishes this rate at 6.50% annually. This official communication serves to inform financial entities of the applicable benchmark rate for the specified period.
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