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%. "

See full newsletter (in Spanish).

More on this topic

El Salvador: Bank Credit Up 5.5%

January 2017

As of December 31, 2016 the balance of loans granted by banks and financial institutions grew by 5.5% compared to the same month in 2015, reaching $12,409,000.

Figures from the Financial System Regulator point out that in the same period deposits grew by 3%, reaching $11,243 million. Most noteworthy were private sector deposits, which increased by $380 million, while the public sector fell by $53 million.

Nicaragua: Slight Slowdown in Bank Credit

November 2016

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%). 

Banking Costs Increase in Panama

May 2013

Transactions and inquiries at ATMs and ownership of credit and debit cards, have doubled in cost over the past two years.

At some banks, membership fees have grown from an average of $15 to $21.40 for debit cards, which is an increase of 42.6%.

Regarding the cost of transactions and inquiries at ATMs, they have gone from $0.50 to $1.07 per transaction, which represents an increase of over 100%.

Panama: Bank Deposits Grow by 11%

December 2011

Internal deposits in individual savings accounts in the banking systems amounted to $25 billion.

The confidence of Panamanian and foreign savers is reflected in the amount of deposited funds in the countries banks, which has grown considerably in the last few years.

Of all the money deposited in the system, internal funds have shown the greatest growth, which at the end of the third quarter was 11% more than in the same period in 2010.

 close (x)

Receive more news about Banking

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Tailor made software for construction companies

O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...

Government Procurement
Opportunities in the region
--

bid deadline

Apr 21
Apr 21
Apr 21
Apr 21
Apr 21
Apr 21
Apr 21

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Apr 20)
Brent Crude Oil
73.020
Coffee "C"
117.70
Gold
1,335
Silver
17.115