El Salvador: Loan Portfolio DownwardsGiven the outbreak of covid-19 and the imposition of restrictions on economic activity, between February and June of this year the amount of loans granted by the banking sector reported a 1.2% drop.Monday, August 10, 2020
Data from the Superintendence of the Financial System (SSF) indicate that between February (the month before the beginning of the health and economic crisis) and June of this year, the credit portfolio contracted by $149 million, from $13.276 million to $13.127 million. Source: elmundo.sv ¿Busca soluciones de inteligencia comercial para su empresa?Do you need detailed information on the financial services market? Contact UsNeed assistance? Contact us
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Loans in Guatemala: Making Procedures More FlexibleAugust 2020 The Monetary Board approved the changes to the Credit Risk Regulations, which were proposed by the Superintendence of Banks and seek to simplify the requirements for loans not exceeding $160,000. Credit Downwards: What Factors Affect Them?August 2020 Suspension of contracts, uncertainty about the economic future and reduction of salaries, are some of the factors that have affected the banks in Panama to place fewer loans in this context of health crisis. Credit Cards: Demand up 9%July 2020 Between May 2019 and the same month this year, the number of credit cards circulating in the Salvadoran market increased by 9.2%. Credits in Nicaragua: Crisis on the RiseMay 2020 Given the political and economic crisis affecting the country since April 2018, a scenario that has combined with the crisis of covid-19, the loan portfolio increased from $5,172 million in March 2018 to $3,404 million at the end of April 2020.
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