The Agricultural Development Bank (BDA) has intensified its efforts to recover its loan portfolio to stabilize the institution's finances as it transitions into the Agricultural Development Institute (IFA).Administrative staff, led by BDA General Manager Francisco Mejía, are working to recover loans from previous governments, which will give the financial entity greater solvency to redirect its loan program for micro and small producers as part of the entity's transformation process. The BDA has been serving producers for 53 years.In 2025, the BDA recovered a total of 42,139,112.58 million balboas from its loan portfolio, a significant figure to promote the financial stabilization of the institution. Its restructuring is part of the government's modernization program for public entities, led by President José Raúl Mulino, to make public management more efficient.A report from the BDA's Credit Management details that in 2025, capital recovery amounted to 38,650,186.21 million balboas from January to December of last year, and interest recovery reached 3,488,926.37 million balboas.The BDA's recovery efforts continue at a good pace in 2026, with a total amount of 5,330,761.26 million by February 13, of which 4,854,524.60 million correspond to capital and 476,236.66 to interest.Among the provinces with the highest recovery in 2025 are Chiriquí with 8,852,923.24 million in capital and interest, followed by Los Santos with 7,500,252.09 million and Coclé with 6,624,043.26 million balboas.
BDA Intensifies Efforts to Increase Credit Recovery Figures
Panama's Agricultural Development Bank (BDA) is intensifying its loan recovery efforts. In 2025, it recovered over 42 billion balboas, a significant contribution to the institution's financial stabilization as it transforms into the Agricultural Development Institute.