Up to September 2016 annual growth in the loan portfolio of the banking system decreased from 23% to 20%.
From the Central Bank´s financial report, September 2016:
Credit growth declined. In September 2016, gross loans totaled 136,803.4 million cordobas, with a growth of 20.0 percent. This represents a decrease of 3.1 percentage points compared to the figure seen in September 2015.Meanwhile, real credit growth declined by 3.9 percentage points compared to that observed in September 2015 (19.8% vs 15.9% 2015 2016).The gross loan portfolio of the financial system remains active with the most weight in the balance of the financial system (66.0%).
Apartment buildings and horizontal condominiums account for most of the list of residential construction projects for which environmental impact studies were presented in September 2015.
The report entitled "Construction Projects in Guatemala - September 2015", prepared by the Business Intelligence unit at CentralAmericaData.com, provides a detailed list of major construction projects for which environmental impact assessments (EIA) were submitted to the National Environmental Technical Secretariat (SETENA) in September.
Local businessmen have announced that there are already studies on a plot of land measuring 2,500 m2 to build an international terminal in the northern Honduran Caribbean.
The private organization known as Oficina de Proyecto e Inversiones (IPO) plans to build an international airport in the city of Trujillo, capital of Colón, in the northern Honduran Caribbean. The city has gained momentum because of the arrival of cruise tourism, port modernization and the development of housing projects.
The Department of Public Procurement in Panama wishes to purchase promotional items for state agencies.
This tender has as its main objective the selection and hiring of the proponents who meet the minimum requirements set out in the tender conditions, for the Supply of Promotional Items for State entities, through the E-Catalog of Products and Services.
Cable & Wireless Panama’s acquires local company Sonitel, a provider also in El Salvador, Peru, and Nicaragua B2B markets.
Cable & Wireless Communications, Plc (CWC), through its subsidiary Cable & Wireless Panamá, S. A. (CWP), today announces that it has agreed to acquire Panama-based Grupo Sonitel for US$36 million plus contingent consideration of up to an additional US$5 million.
Fitch Ratings has upgraded from negative to stable the outlook on the issuance of $650 million made in 2013, after another $575 million was successfully issued a few days ago.
In its statement, the rating agency noted that sanctions imposed by the Office for Assets Control of the United States Department of the Treasury on companies that are part of Grupo Waked Internacional (Wisa), for allegedly operating a money laundering scheme, will not have a material impact on the Tocumen's credit rating.
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