Sugar is good business

In April, the portfolio of loans granted by the financial system to sugar producers totalled $529 million, 58.5% higher than in the same period in 2010.

"Banco Industrial has the largest number of loans from the sugar sector in its portfolio, with $187 million worth, followed by Banco General de Panamá with (
$78.4 million, and G & T Continental with $77 million.

The three institutions together own 64.5% of the portfolio", published Elperiodico.com.gt

Source: elperiodico.com.gt

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