Panama: Banking Credit Boom ContinuesBetween January and November 2013, Panamanian banks gave out 14% more loans than in the same period of 2012.Monday, February 3, 2014
Statistics from the Superintendency of Banks of Panama (SBP), reveal that during the first 11 months of 2013, the National Banking System (SBN by its initials in Spanish) gave out 14% more loans than in the same period of 2012, with its balance being $24.8154 billion. Source: Capital.com.pa ¿Busca soluciones de inteligencia comercial para su empresa?Credit Keeps Growing in PanamaApril 2014 Between January and November 2013 credit to the private sector increased by 14% compared to the same period in 2012. Panama Experiences Construction Loan BoomJuly 2013 In the last three years loans for the construction sector increased by 427%. Panama: Strong Growth in Bank CreditMay 2013 In March the balance of new bank loans reached $34.339 billion, which is $4.729 billion more than earned in the same period of 2012, when the total was $29.61 billion.
Panama: Boom in Construction LoansApril 2013 In January 2013, banks granted the construction sector loans worth $2.92 billion, which is $89.6 million more than in January 2012, when the figure was $2.83 billion.
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