Bank Credit On the Rise At the Beginning of 2018

During January in Nicaragua, the gross portfolio of the financial system totaled $5.371 billion, 14% more than in the same month in 2017, explained in part by the performance of commercial credit.

Wednesday, March 28, 2018

The Central Bank of Nicaragua reported that " ...The sectors with the highest representation in the portfolio are commercial credit and personal loans, with both sectors accounting for 55.4 percent of the total portfolio. On the other hand, the portfolio at risk and the past due portfolio continue to register levels below the rest of the Central America, Dominican Republic and Panama (CAPARD) region."

The document adds that " ...For its part, deposits in the national financial system amounted to 162,741.8 million córdobas, which represented a year-on-year growth of 9.2 percent (10.7% at Dec-17). By currency, deposits in foreign currency, which represent 75.9 percent of the total, showed an interannual growth of 9.8 percent (10.2% Dec-17).  In turn, deposits in national currency registered a 7.3 percent growth (12.3% Dec-17). " 

It concludes that " ... the levels of liquidity, profitability and solvency are the highest in the CAPARD region, in relation to liquidity, the availabilities were located in 31.0 percent of the obligations with the public. Regarding profitability, the ROE of the system was 21.8 percent. For its part, capital adequacy was 13.9 percent, when the required regulatory parameter is 10.0 percent. The default level as a percentage of the total portfolio remains at the same level as December 2017 (1.1%), which is the lowest in the CAPARD region." 

See full report (In Spanish)

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Bank Credit Up 4%

June 2018

Up to May 2018, credit granted by Guatemalan banks to the private sector totaled $25.725 billion, 4% more than was reported in the same month in 2017.

According to figures from Banco de Guatemala, credit to the private sector up to May 2018 grew by 4.1% compared to the same month in 2017, rising from $24.611 billion to $25.725 billion. This increase was below the 8% increase recorded between the same months of 2016 and 2017. 

Nicaragua: Bank Credit Up 14% in 2017

February 2018

Over the past year, the gross portfolio of the financial system totaled $5.323 billion, 14% more than in 2016, explained in part by the performance of commercial credit.

Regarding the activities financed, the Central Bank of Nicaragua (BCN) reported that at the end of 2017 " ...

Nicaragua: Bank Credit Up 14%

December 2017

Up to October 2017, commercial loans and personal loans reported a 10% YoY growth, respectively, while bank deposits grew 9%.

From a report by the Central Bank of Nicaragua:

The Report indicates that the indicators of the National Financial System (SFN by its initials in Spanish) show dynamism in intermediation, with adequate risk management and good indicators on profitability, solvency and capital.

Nicaragua: Bank Credit Up 18%

June 2017

As of April, the gross loan portfolio of the financial system totaled $4,982 million, recording a year-on-year growth of 18%.

Personal credit led the year-on-year growth with 22.3%, followed by credit cards with a rate of 19.8%, however, this sector only represents 7.2% of the total portfolio.

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