According to figures from the Superintendency of Banks, between March 2017 and the same month this year, the total amount of the loan portfolio increased from $18,667 million to $20,811 million.

The economic activities that contributed most to growth of the portfolio were consumption of goods and services, and purchase and remodeling of homes, reporting growth of 12% and 11% respectively. 

The sectors that recorded reductions were private households with domestic services and mining and quarrying, with declines of 22% and 10% respectively. 

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Bank Credit is Declining

October 2018

Although up to July loans granted by Nicaraguan banks totaled $5.047 million, 5% more than in the same month in 2017, since May it has been decreasing month by month.

Credit granted by the financial system increased 5.4% year-on-year in July (8.4% in Jun-18), reaching a gross portfolio of 162,568.2 million of cordobas.

Uncertainty Slows Down Private Credit

September 2018

Explained in part by doubts about the economic future in the short term, in Costa Rica credit granted to companies and individuals went from growing at an annual rate of 8% in January to 4% in June of this year.

According to figures from the Central Bank of Costa Rica, in the first six months of the year credit to the private sector has reported a clear downward trend, since in January the amount registered amounted to $34.072 billion and the increase compared to the same month in 2017 was 7.9%. 

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July 2018

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According to figures from the Superintendency of Banks, between May 2017 and the same month of this year, the total amount of the loan portfolio increased from $18.957 billion to $21.147 billion.

Panama: Personal Credit is Growing at Over 15%

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