Loan Portfolio Increased Less Than Expected

At the end of 2019 in Guatemala, the loan portfolio granted to the private sector grew by 5% compared to December 2020; however, this increase was far from the 8.5% predicted at the beginning of last year.

Tuesday, January 21, 2020

Official figures from the Bank of Guatemala (Banguat) indicate that between December 2018 and the same month in 2019, the private sector loan portfolio increased from $26,262 million to $27,640 million.

Elperiodico.com.gt reports that "... Domestic currency loans performed better last year, while dollar loans closed with a 1.5 percent drop."

The article adds that "... The poor performance of dollar loans was also seen in loans granted by offshore banks which had a 5.1 percent drop and closed at Q12.8 billion ($1.662 million)."

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More on this topic

Consumer Loans Boost Portfolio

July 2019

At the end of June in Guatemala, credit to the private sector registered a 7% year-on-year growth, which is explained by the upturn in mortgage and consumer loans.

Figures published by representatives of the Banco de Guatemala specify that at the end of the first semester of the year, the total credit to the private sector reached $26.571 million, amount that is 6.9% higher than that reported a year ago.

Bank Credit is Reduced by 7%

January 2019

Up to November 2018, the gross portfolio of the financial system in Nicaragua totaled $4.716 million, 7% less than in the same month in 2017, partly because of the performance of commercial credit.

From the Central Bank of Nicaragua report:

In November, the financial system's loan portfolio decreased by 6.8 percent year-on-year (3.5% in Oct-18), reaching a gross portfolio of 153,055.5 million Cordobas.

Bank Credit Up 4%

June 2018

Up to May 2018, credit granted by Guatemalan banks to the private sector totaled $25.725 billion, 4% more than was reported in the same month in 2017.

According to figures from Banco de Guatemala, credit to the private sector up to May 2018 grew by 4.1% compared to the same month in 2017, rising from $24.611 billion to $25.725 billion. This increase was below the 8% increase recorded between the same months of 2016 and 2017. 

Panama: Bank Credit Grew Very Little in 2017

March 2018

At the end of last year the banking system's loan portfolio ended up with a balance of $66,117 million, just 1.4% more than the $65,187 million reported at the end of 2016.

The Comptroller General of the Republic reported that the moderate increase is partly explained by a contraction recorded by the external sector's portfolio, as between 2016 and 2017 it dropped from $16,557 to $14,560, which is equivalent to a 12% drop.

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