Nicaragua: Bank credit relaxedLess requirements by the financial system to get loans for production and home acquisition.Friday, January 30, 2009
According to the EL Nuevo Diario.com.ni: "One of the measures was to relax the Regulation for the Credit Risk Management, which came into effect on January 1, as authorized by the SIB. According to the regulation, before granting credit, the banks have to request information on the client's income, and check with the risk office at the Superintendence about the financial obligations of the client that is requesting the loan. Source: elnuevodiario.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Credit Downwards: What Factors Affect Them?August 2020 Suspension of contracts, uncertainty about the economic future and reduction of salaries, are some of the factors that have affected the banks in Panama to place fewer loans in this context of health crisis. Panamanian Banks Give Extensions to ClientsMarch 2020 In response to the country's health crisis, 15 banks have granted a 90-day extension for their customers to make their personal credit card, home mortgage, vehicle and personal loans. El Salvador: Bank Credit Up 5%April 2018 In the first quarter of 2018, credit granted by banking system entities grew by 5% compared to the same period in 2017, driven by consumer loans and business loans. Nicaragua: Bank Credit Up 18%February 2017 The portfolio of loans granted by the banking system recorded growth of 18.4% in December 2016, while deposits grew by 9%.
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