Guatemala: Banks profits total $278 million in 2008
According to data from the Superintendence of Banks, the banking sector earned the equivalent of 16.3% of its shareholder equity in profits.
Tuesday, February 3, 2009
PRENSALIBRE.com reports on its website: "For each $12.71 (Q100) that the banks have in capital, last year they earned an average of $2.07 (Q16.30), according to the report for December that was published by the SIB.
Guatemalan Banks earned $61 million in February, 15% more than the $53 million earned during the same month in 2008.
Despite the slowdown of the economy, banks reported on October 30 that they had an increase of 23% in comparison to October 2007.
Net income for the group has grown by over 100%, reaching the figure of $101.5 million in 2011, $51.5 million more than in 2010.
For the second consecutive year contributions from the Canal to the Panamanian State exceeded one billion dollars, totaling $7.61 billion in the 13 years of local administration.
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