Technical Assistance Reports

During two visits in 2023-24, the IMF mission implemented a set of recommendations made by a previous technical assistance mission in May 2022 which were aimed at improving the solvency stress model of the Superintendency of Banks, Panama (SBP). The mission also provided training on the design of a cash flow-based liquidity stress tool and another system-level liquidity stress testing methodology. During a follow-up mission, work was carried out on market risk and corporate risk, and the methodology for the liquidity stress test that was used during the 2023 Financial Sector Assessment Program (FSAP) with Panama was anchored at the SBP.