El Salvador: Bank Deposits Up 10%

In 2017, bank deposits totaled $11,715 million, 10% more than the figure registered at the end of 2016.

Monday, January 29, 2018

The "Financial Bulletin of the Banking System up to December 2017", prepared by the Salvadoran Banking Association, states that " ... in the last five years, deposits have had average growth of 4.3% ."

Regarding gross loans, it indicates that "... financing given to the sectors of Trade, Manufacturing and Services represent 70.6% of the total loans granted to companies. "

The report details that " ... in the last five years, credit to companies has represented, on average, 44.5% of the total portfolio. Credit given to people 33.7% and credit for buying housing 21.8%. "

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