Honduran Banking Incentivizes Credit

The financial system, set against a surplus of $1.5 million in liquidity, offers better credit conditions.

Friday, June 12, 2009

Expediency in the approval process, lower interest rates, and extended payments terms are some of the incentives they are offering.

La Prensa publishes in its web portal: "As an additional service, applicants have the option to consolidate all their financial obligations into a single account."

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Costa Rica: Credit for Housing Up 10%

May 2016

Competition, interbank interest rates and a stable exchange rate are the reasons for the growth of the housing loan portfolio in the first quarter of 2016.

An article on Elfinancierocr.com reports that "... Housing credit has been growing at safe rate since the start of 2016 and this market is expected to remain this way for the rest of the year ...

Increased Demand for Mortgages in Panama

November 2012

The number of active loans for house purchase up to September has increased by 3.4% compared to the same period in 2011.

During the same period, according to the Panamanian Credit Association (APC) the balance of the mortgage portfolio also reported a growth of 15.4% compared with 2011.

$50 million for Banco General de Panama

August 2011

The International Finance Corporation has granted a loan to Banco General de Panama so that it can offer more mortgages to low-income families.

The $50 million long-term IFC funding , which will run for seven years, will enable Banco General match the maturity needed to finance mortgages for low-income groups.

Panama: $170 Million for Mortgage Loans

September 2010

During this year, the "Caja de Ahorros" (CA) aims to place $170 million in Mortgage Loans.

By the end of August $73,2 million have already been lent and the goal is to double this amount, pointed Rodrigo Arosemena, General Manager of this organization.

Arosemena commented to Panamá América that "...we will focus on promoting savings and we will increase mortgages, mainly those with preferential interest or under $30 thousand."

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