The President has proposed transferring the loan portfolio of the Agricultural Development Bank (BDA) to the National Bank. This measure aims at a possible cessation of operations of the BDA, in order to strengthen the National Bank and optimize the financial system of the country.
According to statements from the president, this change seeks to improve the efficiency of state financial institutions and increase the profitability of public resources. It is proposed that the National Bank absorb the functions and operations of the BDA, maintaining the focus on support for the agricultural and rural development sector.
"This restructuring will consolidate and enhance the role of the National Bank in development banking, optimizing resource management and providing greater support to the agricultural sector," the President stated during his announcement.
The proposal has generated mixed opinions among various sectors, who debate the possible effects of this decision on the agricultural sector and the economy of the country. Meanwhile, discussions and analyses continue regarding the feasibility and appropriateness of this change in the Panamanian financial system.
