Banking Banks bank banking sector bank office banking assets banking system Superintendency of Banks of Panama assets assets increase bank deposits Banco G&T Continental Bank management Bank of Guatemala Branch

14.6% Increase in Panamanian Banking Center Assets

Banking Center assets recorded a total of $81.24 billion, an increase of $10.34 billion, 14.6%, more than in November 2010.

Friday, January 13, 2012

A press release from the Superintendency of Banks of Panama reads:

Banking Center assets totalled $81.24 billion, an increase of $10.34 billion (14.60%) when compared to November 2010.

According to an executive report by the Superintendency of Banks of Panama
in this period, the evolution of the total portfolio loans (16.00%), and the investment portfolio (13.35%) were the main factors in this positive performance.

Meanwhile, net profit accumulated from January-November 2011 was $1.17 billion, which represents $156 million (15.4%) more than the figure reached in the same period in 2010. These increased profits are explained by increased revenue in loans (11.3%) and investments (14.1%).

Source: Superintendency of Banks of Panama

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Guatemala: Banking Assets Up 7%

January 2010

Between January and November 2009, banks increased their assets in $1.18 billion.

According to data provided by the banking superintendence, the 5 largest banks account for 79% of the total.

"Banco Industrial tops the list of largest banks, followed by G&T Continental, Banrural, Banco Agromercantil and Banco Reformador", reported Elperiodico.com.gt.

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