The banks registered profits of $12.66 trillion at the end of last September, a result that represents a growth of 36% compared to the same month of 2021 when those entities earned $9.31 billion.
The set of establishments creditwhich also includes financial corporations, security companies financing and financial cooperatives they earned $14.60 billion in the ninth month of the year, with a growth of 30.8% compared to a year ago.
In accordance with the Financial Superintendence, These good results were mainly driven by interest income.
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On the other hand, the profits of the insurance industry stood at $2.2 trillion, followed by Special Official Institutions (IOEs) with $1.8 billion.
All types of portfolio follow dynamics consistent with the activity data recorded at the end of the third quarter of 2022. The gross balance of the portfolio amounted to $648.9 trillion, consequently, the depth indicator stood at 46.7% of GDP.
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In real terms, the gross portfolio registered an annual variation of 5.1%, which reflects the increase in the balance in month-on-month terms, the dynamism of financing to households and companies, the effect of inflation and the lesser relative importance of penalties.
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The commercial portfolio it grew 3.2% real per year, consolidating the eleventh consecutive month of positive growth. In month-on-month terms, the balance increased $4.1 trillion, due to the positive contribution of the foreign currency, financial leasing, corporate and institutional.
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