Milton Ayón Wong
Milton Ayón Wong is the Superintendent of Banks in Panama, known for his insights into the banking sector and the implementation of financial regulations. Recently, he was in the news discussing the challenges posed by delays in state subsidies under the current Law of Preferential Interests, which has impacted the approval of mortgage loans by both public and private banks. Ayón emphasized the need for clarity in subsidy payments to facilitate a competitive lending environment and support the construction industry, which has faced significant project delays.
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Panama:
Milton Ayón Wong, the superintendent of Banks of Panama, suggested analyzing credit scenarios before approving new loans.
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Panama:
Milton Ayón Wong, the superintendent of banks of Panama, indicated that delays in the payment of the state subsidy have led banks to freeze the approval of loans.
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