Bank credit grows in El Salvador

Despite the tough situation in the country, banking credit grew 9.5% at the end of June 2008.

Friday, August 8, 2008

According to the latest ranking done by the Salvadoran Bank Association (Abansa), the total credit portfolio in June of 2007 was at $8.43 billion, but the bounce in economic activity allowed the portfolio to rise to $9.23 billion at the end of the first six months of this year.

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Guatemala: Consumer Credit Keeps Rising

November 2015

In September 2015 the consumer credit portfolio amounted to $5.4 million, 15% more than in the same period last year.

Data from the Superintendency of Banks confirmed that consumption remains one of the main drivers of the Guatemalan economy. In September 2015 the balance of the portfolio of bank loans for consumption was 41.744 million quetzales ($5.4 million), above the 36.102 million quetzales ($4.6 million) recorded in the same month in 2014.

Guatemala: Political Crisis Hasn´t Clouded Economic Optimism

October 2015

In September the banking loan portfolio to the private sector recorded an increase of 17% compared to the same month last year.

Despite the political turmoil that the country has seen so far this year, bank credit portfolios have maintained positive figures and growth rates above 10%.

Auto Credit Up 17%

April 2013

Analysis has been conducted on the composition of the loan portfolio to buy vehicles, one of the fastest growing sectors in recent years.

In the past five years, auto financing in Panama has been increasing, in February Panamanian banks provided loans of this type worth $813 million.

The Banco Popular Bank in Costa Rica reactivates housing and consumer credit

January 2009

The bank hopes to offer $548 million in loans for consumption, housing and development in 2009. reports that "this year the bank hopes to offer $381 million (¢213 billion) in consumer loans and $55 million (¢31 billion) for house construction or purchase.

The Bank will also set aside $148 million (¢82.7 billion) in loans for development."

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