For mortgage lenders participating in Panama’s preferential interest regime, recovering the government subsidy requires coordination between loan administration, tax reporting, and treasury management.
Executive Decree 36 of September 17, 2026, regulates Law 468 of 2025, as amended by Law 481 of 2025, and replaces the regulations established by Executive Decree 23 of June 2026.
The recognized subsidy may be satisfied through tax credits, bank transfers, or public debt securities, subject to the applicable conditions. Lenders should assess both the status of the subsidy claim and the settlement method before incorporating expected recovery into their financial projections.
How Do the Three Payment Methods Differ?
