Despite restrictions resulting from more rigorous conditions for granting credit, industry in general can gain liquidity and it has the capacity to repay. Cemex tops the list due to its operation expansion in order to cover the demand generated by canal expansion and other infrastructure projects.
Yolanda Sandoval's article in MartesFinanciero.com, contained the statements of Gaspar García de Paredes, president of the National Council of Private Enterprise, who indicated that it should be kept in mind that "most of the domestic industry is engaged in the manufacture of food, metal, aluminum, lubricants, paints and other products made of cardboard and plastic. To the extent that demand for these items does not decrease, there will be a need to increase the installed capacity of the enterprises."
June shows 12-month growth in credit at 6.7%, below the 11.7% it had at the beginning of this year.
According to the president of the Chamber of Industry of Guatemala, Thomas Dougherty, uncertainty about the international economy and contingency plans brought about by companies are a few of the causes for the decrease in requests for lines of credit.
Between January and November 2013, Panamanian banks gave out 14% more loans than in the same period of 2012.
Statistics from the Superintendency of Banks of Panama (SBP), reveal that during the first 11 months of 2013, the National Banking System (SBN by its initials in Spanish) gave out 14% more loans than in the same period of 2012, with its balance being $24.8154 billion.
Credit needs for the entrepreneurial sector in the country reached $ 245 million.
The figure comes from the study "Proposal of policy, strategy and action plan for implementation of micro-finance services in Panama", created by the Ministry of Economy and Finance, the Micro, Small and Medium Enterprises (Ampyme) and the United Nations Development Program (UNDP).
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