Panama: Bank profits show 33.8% increase.

Banks operating in the local market earned $694 million at the close of the first semester this year.

Monday, September 22, 2008

This figure represents an increase of 33.8% when compared to the same period last year. It also represents a return on average assets (ROAA) of 3.1%
The internal demand for credit in the private sector has continued with an upward trend (17.6%) similar to that at the close of the last year. The main source of financing for the expansion of the credit cycle is the increase in individual domestic saving (18.5%), according to information gathered by the Superintendence of Banks.

More on this topic

Panama: Bank profits grow 57.44%

December 2008

Banks operating in the market earned $904 million dollars in the first 10 months of this year.

The internal demand for credit from the private sector, which was above $31.6 billion in October, continuing an upward trend of 20.38%, according to data from the Panama Superintendence of Banks.

Bank utilities in Panama increases 24.5%

October 2008

The net utility accumulated from the banking center up to August 2008 rose to $824 million, an increase of 24.5% in comparison to the same period last year.

The individual based assets rose to 63.6 billion, which represents an increase of 26.1% with respect to the same period last year, according to the Superintendency of Banks.

Costa Rica: Banks Earn 21% More in the Last Year

October 2012

The growth in earnings of 17 banks operating in Costa Rica is higher than credit growth and is four times the country's economic growth.

According to an article in Elfinancierocr.com, "The good performance has been achieved with only a 4% increase in administrative costs and without increasing the size of bank deposits.

Honduras: Banking profits increase 18%

October 2008

During the first semester of 2008 the banks increased their earnings by 18 percent in comparison to the previous year.

President of the National Banking and Insurance Commission (CNBS), Gustavo Alfaro, reported that the banks in Honduras are solid and that the financial crisis in the United States has not had any immediate effect on the national system.

 close (x)

Receive more news about Banking

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Costa Rica Coffee Farm and Development Property

Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water and power. Great Location, close to everything.
Ideal area for living or developing an ecologically...

Stock Indexes

(Jan 18)
Dow Jones
-0.11%
S&P 500
0.18%
Nasdaq
0.31%

Commodities

(Jan 19)
Brent Crude Oil
54.960
Coffee "C"
152.65
Gold
1,204
Silver
16.900