Panama's financial sector weakens in Q1
Panama's financial sector, which has sustained strong growth for the past five years, has started showing signs of slowing down.
Wednesday, June 18, 2008
The latest report from the Comptroller General of the Republic on Gross Domestic Product in the first quarter shows a decline in the number of new mortgage loans. Previously these had been one of the most dynamic sectors of growth.
In the first half of the year profits in the banking system amounted to $900 million, a variation of -6.2% compared to the profits generated in the same period in 2013.
From abundance to scarcity: Challenges faced by Central American banks in an
environment of tight liquidity.
It is indispensable for the economy to continue using credit to finance production and commercial operations.
A report by risk rating company Equilibrium (Moody's), analyzes the sector's main indicators for the first half of 2009.
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