Credit Intermediation in Central America

Banks credit intermediation and its influence in the generation of goods and services on behalf of the productive system.

Tuesday, August 4, 2009


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In a SECMCA report, Nelson Oswaldo Ramirez presents a brief analysis of the development of banking credit in comparison with the region's economic activity in the first five months of the year. In the way he studies relationships that may exist between the variables of Credit and GDP.

Regional Credit
Without a doubt, the global financial crisis had its impact on the region's financial system, which implies greater risks, therefore constant challenges for 2009.

As a measure of the deterioration banking credit in the region, it is observed that, for the first five months of the year, this variable experienced a strong contraction, a negative variation of 2.2%, far from the figures...

More on this topic

Panama's industrial Sector revenues to grow by 18.3%

June 2008

Revenues from the manufacturing industry in Panama will reach more than 879 million dollars during the first quarter of this year, an 18.3 percent increase over last year.

The Comptroller General of the Republic said Thursday the size of this increase contrasts with the growth of volume of production, which stood at just 2.4 percent.

El Salvador: Slow growth in economic activity indexes

October 2008

Economic activity showed a moderate growth in comparison to 2007 economic indicators.

The Index of the Volume of Economic Activity (IVAE) went up 1.97% from July 2007 to July 2008. The previous value, for July 2006 - 2007, had increased 5.19%.

This percentage serves to illustrate the tendency that the Gross Domestic Product (GDP), even though the annual growth is still not defined.

Guatemalan economy will experience less growth

October 2008

The IMF expects a reduction in the growth of the local economy. It is no longer expected to be 4.3% but 4% due to the global financial crisis.

The negative effects of the crisis may start to be felt in the next few months, since this year the economy will not grow to 4.3% of the GDP as would previously expected, said Minister of Finance, Juan Alberto Fuentes Knight.

Is Nicaragua a medium-level nation?

June 2008

Although Nicaragua is qualified for international cooperation as one of the middle class nations, it continues to need support because it has a high level of external debt.

The nation also faces a considerable load of internal debt, which includes Negotiable Investment Certificates, bank debt, and bonds.

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