Panamanian banks very liquid

83% of their resources are internal deposits, thereby creating a shield against the international crisis.

Friday, September 19, 2008

While the banking system in Panama is not 100% immune from the international liquidity crisis, it does have important advantages that help to minimize the impact, declared Ernesto Bazan, general manager of the Equilibrium Risk Agency.
Bazan said that the national banking system (SBN) is mostly financed by local deposits (83%) and that its dependency on external lines of credit is small, which means that the sensitivity to the international liquidity crisis is lowered.



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Excessive Liquidity in Nicaragua´s Banks

October 2010

The volume of total deposits accounted for 50% of GDP and becomes mostly government debt.

El Nuevo Diario reports, "in that sense, the Central Bank managed not only to extract resources from the economy, but also strengthened the country's international reserves, while private financial institutions also bought government securities, instruments used to finance the nation´s deficit."

Nicaraguan Banks with Increased Liquidity

February 2010

Banking liquidity in cordobas increased from 32% in 2008 to 48% in 2009, and in U.S. dollars it raised from 30.4% to 41%.

Economists also remark that yields dropped in the last months of 2009.

“In 2008, the average return over capital was 17.2%, a figure that dropped to 5.5% on December 2009… Additionally, while loans decreased, deposits increased”, reported El nuevodiario.com.ni.

Guatemalan banks request extension of money table

January 2009

The banking sector requested that the term for the temporary measure of providing liquidity in US dollars via repo transactions be extended.

Sigloxxi.com reports that "Jose Angel Lopez Camposeco, president of the Banking Association of Guatemala (ABG) and the Rural Development Bank (Banrural), commented that the measure worked, "because it is an instrument which gave signals that in case of any need for or suspension of credit, we have resources available."

IDB approves $500 million for Costa Rica

December 2008

The funds will be used to deal with the possible lack of liquidity next year due to the international financial crisis.

"This loan will inject Zuniga, who also added that with the funds from the IDB the authorities are seeking to provide "sustainable growth" for the Costa Rican economy.

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