Excessive Liquidity in Nicaragua´s BanksThe volume of total deposits accounted for 50% of GDP and becomes mostly government debt.Thursday, October 7, 2010
El Nuevo Diario reports, "in that sense, the Central Bank managed not only to extract resources from the economy, but also strengthened the country's international reserves, while private financial institutions also bought government securities, instruments used to finance the nation´s deficit." Source: elnuevodiario.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Nicaragua: Savings in Banking System GrowJune 2011 Economic recovery and resources from the Venezuelan Cooperation explain the rise in deposits. El Salvador: Bank Deposits Up 5.6%August 2010 Deposits to May totalled $9.2 billion, $0.5 billion more than at the same point in 2009. $200 Million for Contingencies in NicaraguaApril 2009 With the loan, the Central Bank will face "temporary liquidity contingencies” and give backing to public bank deposits in the domestic financial system. When bank liquidity decreasesAugust 2008 The initial alarm signal is when a bank has no liquidity and begins to offer its savers, especially newcomers, interest rates that are far above those offered by other banks.
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