Liquidity of Bank Honduras Increases 82% in 6 Months

©image: Wikipedia

According to the president of the Central Bank of Honduras, Edwin Araque, this is due to the policies of a gradual reduction in the banking adjustments and the measures to limit the credit for consumption and commerce and to promote the productive sectors.

The article published in laprensa.hn reports that "The executive director of the Honduran Association of Banking Institutions, Ahiba, María Lydia Solano, says that the bank manages public resources with a lot of precaution."

Source: laprensahn.com

More on this topic

Honduras: Historical Growth for Banking Liquidity

August 2009

Between January and July 2009, the liquidity of Honduran Banks grew 242%, from $1.05 billion to $2.45 billion.

60% of available funds are in Lempiras, the national currency, while the remaining 40% are in dollars.

Such growth was a result of monetary policies by the Central Bank of Honduras, who increased the amount of money in the economy by removing some obligatory investments on deposits, and reducing and eliminating reserve requirements.

Costa Rica Extends Measures for Banking Liquidity

March 2009

In response to the local and global economic crisis, the liquidity measures taken in October 2008 were extended by nine months.

In October 2008, the National Council of Financial System Supervision (CONASSIF) decided to relax some of the risk indicators required of financial institutions to strengthen their liquidity.

Guatemala: Banking System has $3,450 million

September 2011

Funds in the banking system have increased by 10.34% so far this year.

Data provided by the Superintendency of Banks (SB), indicates that loan funds have reported increases year after year. Figures up to December 2008 amounted to $2,449 million, for December 2009 it was $3,013 million, and the balance in December 2010 showed an increase of 4.2%.

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."