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Strengthening of Financial Institutions and Infrastructure in Panama
This technical cooperation seeks to strengthen Panama as a reference International Financial Center by improving its regulatory and supervisory architecture and its compensation and settlement infrastructure. The improvement of the regulatory architecture requires moving towards a regulatory structure of greater integration more adapted to the particularities of the financial system in Panama, as well as to the challenges of the new products and technologies existing in the sector and that blur traditional regulatory boundaries. The compensation and settlement system in Panama has to be modernized, as it still does not compensate and settle in real time and is dependent on the United States. This makes it inefficient and highly vulnerable to systemic liquidity crises or phenomena such as De-risking. For this reason, the country must advance in the regulatory, institutional and operational framework to put into operation a modern compensation and settlement system.

Project Detail



Project Number


Approval Date

May 3, 2018

Project Status


Project Type

Technical Cooperation





Lending Instrument


Lending Instrument Code




Facility Type


Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 250,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 250,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-16709-PN Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-16709-PN
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable
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