SBP-DR-CIRCULAR-2025-0012: Submission of Liquidity Reports (LS02) and (AT10)

February 11, 2025
SBP-DR-CIRCULAR-2025-0012

To:
General Manager
City

Reference: Submission of Liquidity Reports
(LS02) and (AT10).

Dear General Manager:

We wish to inform you that this Superintendence of Banks has deemed it appropriate to resume the biweekly reporting frequency for the liquidity report of banks, in accordance with the powers established in Article 17 of Agreement No. 4-2008 of July 24, 2008, regarding compliance with the legal liquidity index.

In this regard, the requirement for the submission of the Liquidity Atom (LS02) in addition to the Liquidity Atom (AT10) is established, so that banks submit reports related to the calculation of the liquidity index, which must be sent to this Superintendence through the ITBANk system twice a week as follows:

• Liquidity Atom (LS02): Submission of the liquidity report with figures as of the close of Tuesday of each week (or the second business day of the week) by 12:00 noon on Wednesday (or the third business day of the week) through the Liquidity Atom (LS02), maintaining the closing date in the reported file.

Consequently, it is established that at the aforementioned deadline, the liquidity of each bank must be loaded into the Superintendence of Banks' system. It will not be necessary to submit the Asset and Liability Maturity Structure (EVAP) as of the close of Tuesdays (or the second business day of the week).

• Liquidity Atom (AT10): The submission of the liquidity report with figures as of the close of Friday of each week by 12:00 midnight (midnight) on the following Sunday (deadline) through the Liquidity Atom (AT10) and the Asset and Liability Maturity Structure (EVAP) is maintained, keeping the closing date in the reported files. In this sense, it is clearly established that, on the first business day of the week, the liquidity of each bank must be loaded into the Superintendence of Banks' system.

"Strength and trust: guarantors of the rights of banking consumers"

Av. Samuel Lewis, P.H. Plaza Canaima, ground floor - Tels.: (507) 506 7800 / (507) 506-7900 - Fax (507) 506-7700 / 506-7703 P.O. Box 0832-2397 W.T.C. Panama, Republic of Panama - www.superbancos.gob.pa - email: superbancos@superbancos.gob.pa

Official document signed with a 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:
https://sigob.superbancos.gob.pa/consulta?id=Axb3zWWEPXEF6u%2FtprIyZC59kWIbCpd%2BC6gBuZ2V8PY%3D

SBP-DR-CIRCULAR-2025-0012

The provisions related to the Liquidity Atom (LS02) will apply starting Tuesday, February 18, 2025.

We request that the General Manager instruct the personnel under their charge regarding the pertinent instructions for compliance with the present circular.

Sincerely,

Milton Ayón Wong
Superintendent
ARV/ldc