Nicaragua: Bank Credit Falls by 20%Up to June 2019, the gross portfolio of the financial system totaled $4.047 million, 20% less than in the same month in 2018, partly explained by the performance of commercial and personal credit.Tuesday, August 13, 2019
In terms of composition, the current loan portfolio represented 89.2% of the gross portfolio (89.7% in May 2019), while the portfolio at risk represented 10.8% (10.3% in May 2019). Provisions reached 2.3 times the past-due portfolio (1.6 times including the judicial one) and 54.6% of the non-performing portfolio, reported the Central Bank of Nicaragua (BCN). ¿Busca soluciones de inteligencia comercial para su empresa?Do you need information about the financial sector?Request more information: Need assistance? Contact us
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Nicaragua: Bank Credit Still DecliningSeptember 2019 Up to July 2019, the gross portfolio of the financial system totaled $3,966 million, 20% less than in the same month in 2018, partially because of the negative performance of commercial, industrial and personal credit. 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. Nicaragua: Bank Credit Up 18%June 2017 As of April, the gross loan portfolio of the financial system totaled $4,982 million, recording a year-on-year growth of 18%. Bank Deposits Up 17% in NicaraguaJuly 2014 In a year savings in the banking system both in local and foreign currency increased from $3.5 billion to $4.2 billion.
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