Guatemalans Savings Up 13.6%

Total savings reported in 2010 were $ 3,389 million, 13.6% higher than 2009.

Thursday, February 24, 2011

According to information from the Superintendence of Banks, the total reported by the banking system in 2009 was $ 2,982 million.

"This data shows that most savings are kept in Quetzales. ... In December of last year the total was $ 2.927 million, 13% more than the $ 2.672 million reported in 2009", reported

Savings in dollars increased 16.5%.

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Foreign Savings Increase 19% in Panama

January 2012

Authorities state that foreign agents are showing confidence in the rise of the Panamanian economy and its prospects.

Savings from foreign clients in the financial system in Panama increased by almost 19% last year compared to 2010. In November 2011, foreign deposits totaled $24,635,000,000, an increase of 18.78%, or $3,895,000 more than in November 2010, when it was $20,740,000,000 according to data from the Superintendency of Banks in Panama (SBP).

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.

Nicaragua: Savings in Banking System Grow

June 2011

Economic recovery and resources from the Venezuelan Cooperation explain the rise in deposits.

The deposits in Nicaraguan national banks, especially those denominated in foreign currency, have shown significant increases in recent months.

Economists say the increase is due in part to improved economic conditions prevailing in the country, which have increased Nicaraguans savings and their confidence in the banking system.

Guatemala: Accounts with Balances Greater than $125,000 Increase 10%

July 2010

In May 2010 there were 13,523 accounts with balances greater than $125,000, 10% more than in the same month of 2009.

According to data from the Guatemalan banking regulator, these accounts make up 47.5% of all deposits and total $7.2 billion.

Analyst Miguel Gutiérrez comments for

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Scotiabank de Panamá

Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Phone: (507) 260-4286 - (507) 2602218

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