Press Release

Publication of Audited Financial Results for the Second Quarter of 2026

Panama | September 11, 2026

The Fondo de Ahorro de Panamá (hereinafter, “FAP” or “Fund”) announces its audited financial results for the second quarter of 2026 (“2Q2026”). The following are the main cumulative financial results as of the close of the second quarter of 2026:

Investment Performance

  • Cumulative gross return: 3.68%

  • Cumulative net return: 3.30%

Financial Results

  • Interest and dividend income: B/.54.9 million*

  • Net realized gain: B/.8.5 million

  • Net unrealized gain: B/.55.6 million

  • Cumulative surplus of income over expenses: B/.114.2 million

Financial Position

  • Net assets (equity): B/.3,190.6 million

*The official currency of the Republic of Panama is Balboas (B/.), which is at par and freely exchangeable with the United States dollar (USD); The Republic of Panama does not issue its own currency, and instead, the USD is used as legal tender and is considered the Fund´s functional currency.  The financial reports provided by our global custodian are in USD and form the financial basis of this report.

About the Fondo de Ahorro de Panama
The Fund was created under Law 38 of June 5, 2012, with the following primary objectives:

  1. Establish a long-term savings mechanism for the Panamanian State; and

  2. Establish a stabilization mechanism in case of a state of emergency (declared by the Cabinet’s Council) and economic slowdowns.

Contact: Administration, +507-394-5776/5706, administrador@fondoahorropanama.com
For additional information, please visit www.fondoahorropanama.com

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