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BNP Increases Credit Porfolio in 2009

The National Bank of Panama loaned 8.8% more in 2009 to the private sector than in 2008.

Wednesday, January 13, 2010

©image: Banco Nacional de Panamá

By the end of 2009, the credit portfolio to the private sector stood at $1.74 billion.

"Credit to the private sector grew $142 million. 82% of this increase, $116 million, happened in the second half of 2009", reported Prensa.com.

Source: Prensa.com

Key entities

Banco Nacional de Panamá

Countries

Panama

Insight

bank credit loans access to credit corporate credit Banking

Private Lending Slows in Guatemala

March 2009

Credit to the private sector grew by 11.2% in January, a lower growth than for the same period last year when the increase was 26.4%.

Reporter Jessica Gramajo wrote in the SigloXXI website: "Data from the Bank of Guatemala (Banguat) reported that in January of this year the banking system maintained a loan portfolio of $10.901 million (Q 87.240,8 million).

Credit Grows Slowly in Nicaragua

April 2011

Private sector loans dropped $31 million in February.

The Central Bank of Nicaragua believes this happens because banks are much more cautions when lending.

An article in La Prensa rports that “most loans ($13 million) went to the agricultural sector, while reductions were recorded in commercial and industrial loans, as well as credit cards”.

G & T Continental Increases its Capital by $10 million

February 2012

The bank, notable for its A + rating awarded by Fitch Ratings, focuses on loans for the corporate sector and hopes to expand its credit portfolio thanks to the injection of funds.

The G & T Continental Bank, of Guatemalan capital, said that it is to receive a capital injection of about $10 million, which would increase its loan portfolio in El Salvador.

Panama: Loans Increase by 7.3%

May 2009

In the first quarter, Panamanian banking has loaned out $1.405 billion, $95.6 million more than during the same period last year.

According to the Panamanian Bank Superintendent, the industrial sector was the one that asked for the most resources.

Edith Castillo Duarte wrote in Prensa.com: "Commerce credit showed a 21.4% increase to $126.9 million and the construction sector received loans of $106.6 million, an increase of 13%."

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