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National Bank of Panama Lends 77% More

In the first four months of 2010, the bank loaned $320 million, 77% more than the same period of 2009.

Tuesday, June 1, 2010

©image: Banco Nacional de Panamá

Between January and April 2009, the financial institution gave loans for $180 million.

“As for the credit portfolio of the entire banking system, it summed $1.83 billion in April 2010, growing 12.7% when compared to the same month of 2009, when it totaled $1.62 billion” reported Laestrella.com.pa.

Source: laestrella.com.pa

Key entities

Banco Nacional de Panamá

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Panama

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Guatemala: Local Currency Loans Increase

October 2010

By October 7th, loans in Quetzales showed an increase of 6.8% over the same period in 2009.

According to information from Banco de Guatemala, in the same period, foreign currency loans show a 7% fall.

Prensalibre.com reports, "Closing the first week of the month, dollar loans stood at Q23 thousand 139.3 million, according to Banguat.

Bank Loans with Minimal Growth in 2012

November 2011

The Costa Rican banking sector is not predicting strong growth in credit placement for next year.

According to Jimmy Hernandez, manager of Cathay Bank, it will be a year of "great caution" for the industry, not exceeding 10% growth in credit placement.

When meeting with the press the executive said that "...2012 will not be the same as 2011 and that growth in credit placement could reach a maximum of 10%, i.e.

El Salvador: Loans to Private Sector Down $405 Million

October 2009

In the first eight months of this year, banks and financial entities loaned $405.9 million less than the same period of 2008.

Loans granted up to August summed $8.256 million, 4.7% less than the same period of 2008, when banks and financial entities loaned $8.662 million.

Panama: Banking Loan Portfolio Grows by 20%

October 2011

The International Banking Center notes a dynamic expansion of the internal loan portfolio to 20.5%, and the same can be said for the portfolio investments, up 14.7% during the month of August.

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

The executive report of the Superintendent of Panama banks reveals that the net accumulation from January to August 2011 totaled $885 million, or $175 million more compared to the same period in the previous year. This result is mainly due to an increase to 11.7% in the lines of interest income and 38.6% belonging to other income.

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