Circular SBP-DR-CIRCULAR-2026-0076: Update of the SB120 Table for "Change Category" in the Credit Atom Structure (AT03)

10 August 2026
SBP-DR-CIRCULAR-2026-0076

To:
General Manager
City

Reference: Update of the SB120 Table for "Change Category" of the Credit Atom Structure (AT03)

Dear General Manager:

We refer to the Credit Atom structure AT03 and the parameters and guidelines that will be considered for the submission of the extension request for write-off of operations as referenced in Article 27 of Agreement No. 4-2013, General Resolution No. SBP-RG-0009-2020 of 20 November 2020, and Circular SBP-DR-0249-2020 of 29 July 2020.

In view of the foregoing, we inform you that this Superintendence has deemed it appropriate to update the coding contained in the Auxiliary Table SB120 for "Change Category", used in the Credit Atom structure (AT03), in field 73 designated as "Change Category", with the aim of identifying and conducting follow-up and statistical studies on the evolution of the loan portfolio for which this Superintendence has granted an extension for the write-off of operations as established in Article 27 of Agreement 4-2013. Among the adjustments made are the following:

"Solidity and trust: guarantors of the rights of banking consumers" Av. Samuel Lewis, Panama Business Tower, ground floor - Tels.: (507) 506 7800 / (507) 506-7900 - Fax (507) 506-7700 / 506-7703 Postal Box 0832-2397 W.T.C. Panama, Republic of Panama - www.superbancos.gob.pa - email: superbancos@superbancos.gob.pa Official document signed with Qualified Electronic Signature in the Document Transparency System – TRANSDOC of the Superintendence of Banks of Panama, in accordance with Law 83 of 09/11/2012 and Executive Decree No. 275 of 11/05/2018. Use the QR Code to verify the authenticity of the document or the URL:
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Field	Description	Format	Observations
(73) Change Category	Corresponds to the code related to the type of modification in the terms and conditions of a credit given by Agreement 4-2013 in its chapter 1, article 2, subsection 9 (refinanced) and 10 (restructured), and Agreement 12-2022 in its article 7 and Circular SBP-DR-0084-2022 of 18 November 2022 (migrated restructured).	2-character Text	Valid code from table SB120.

Description of SB120 fields:

01 = Refinanced Loan

For a refinanced loan (01), field (24) Refinancing Date must be greater than the original start date of the Credit and cannot be blank.

02 = Restructured Loan

For a restructured loan (02), field (25) Restructuring Date must be greater than the original start date of the Credit and cannot be blank.

03 = Modified Loan
(code disabled)

04 = Migrated Restructured Loan

For a migrated restructured loan (04), it must be reported within field (25) Date of migration under Agreement 4-2013 and this must be greater than the original start date of the credit and cannot be blank.

SBP-DR-CIRCULAR-2026-0076

We attach to this circular the new structure of the auxiliary table SB120 for "Change Category" with the aforementioned inclusions; as well as, the updated Credit Atom (AT03), in accordance with the changes contemplated in this circular and Circular SBP-DR-0084-2022 of 18 November 2022.

Entities must begin sending the data required in this circular starting from the month of October 2026, within the first ten (10) business days, with information as of the close of the previous month and incorporate this information into the Credit Atom AT03 structure of their entire loan portfolio.

The information requirements for (AT03) will maintain their submission through the ITBANK system with a monthly frequency within ten (10) business days following the close of the month.

05 = Unrecoverable Refinanced Loan with authorized extension for write-off

For an Unrecoverable Refinanced Loan with authorized extension for write-off (05), it must be reported using the combination of field (23) indicating in it the date on which the authorized extension expires and cannot be blank.

06 = Unrecoverable Restructured Loan with authorized extension for write-off

For an Unrecoverable Restructured Loan with authorized extension for write-off (06), it must be reported using the combination of field (23) indicating in it the date on which the authorized extension expires and cannot be blank.

07 = Unrecoverable Migrated Restructured Loan with authorized extension for write-off

For an Unrecoverable Migrated Restructured Loan with authorized extension for write-off (07), it must be reported using the combination of field (23), indicating in it the date on which the authorized extension expires and cannot be blank.

08 = Unrecoverable Loan with authorized extension for write-off

For an Unrecoverable Loan with authorized extension for write-off (08), it must be reported using the combination of field (23) indicating in it the date on which the authorized extension expires and cannot be blank.

Allows "NA" if none of the above apply.

SBP-DR-CIRCULAR-2026-0076

corresponding.

Through the email address: soporte@superbancos.gob.pa we remain available to receive any queries that may arise, citing the reference of this circular and including the name, position, email address and telephone number of the person making the query.

We thank the General Manager for issuing the pertinent instructions to their staff for the compliance with this circular.

Sincerely,

Milton Ayón Wong
Superintendent

Attachment: As indicated
ARV/vc/rr

Circular SBP-DR-CIRCULAR-2026-0076: Update of the SB120 Table for "Change Category" in the Credit Atom Structure (AT03)

Lineage: In force