Press Release

Publication of Audited Financial Statements for the Second Quarter 2025

Panama | December 31, 2025

The Fondo de Ahorro de Panama (the “FAP” or the “Fund”) has released its audited financial statements for the second quarter of 2025 (“2Q2025”).  The following are highlights of the quarter:

  • The cumulative gross return for the period to 2Q2025 was 4.03%.

  • Net income for the same period was B/.60,0 million. *

  • At the end of 2Q2025, the Fund generated B/.28.6 million in interest and dividends.

  • Net assets closed the period at B/.1,602.1 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 Panama Savings Fund
The Fund was created under Law 38 of June 5, 2012, with the following primary objectives:

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

  2. To establish a stabilization mechanism for states of emergency (declared by the Cabinet Council) and periods of economic slowdown.

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