Nicaragua: Bank Credit Up 18%

The portfolio of loans granted by the banking system recorded growth of 18.4% in December 2016, while deposits grew by 9%.

Thursday, February 23, 2017

Financial Report up to December 2016 by the Central Bank of Nicaragua:

By December, the National Financial System (SFN by its initials in Spanish) continued to record growth in both credit and deposits, although at decelerated rates. Risk indicators remain stable and indicators of profitability, capital and solvency are at levels above the average observed in 2016. Therefore, the loan portfolio of the financial system showed an annual increase of 18.4 percent (growth of credit of 23.0% in December 2015), with stable risk indicators, being the lowest in the region.  

The behavior of deposits, the main source of credit funding, presented a growth of 8.6 percent in December 2016 (13.9% in December 2015).

Read full report (in spanish).

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