Today: November 24, 2024
July 5, 2023
1 min read

Banks and finance companies in Nicaragua grow more than 11%, according to a report from the Central Bank

Bancos y financieras presentan un crecimiento interanual en mayo del 2023/ foto: internet

The Central Bank of Nicaragua reported that the country’s banking institutions closed the month of May with an increase in their assets and deposits of 11.5%.

The accumulated to May, according to the sources of resources, are the increase in the obligations with the public that corresponds to C$ 15,745.8 million córdobas; equity (fixed assets and current assets), for C$2,845.0 million; the increase in the credit portfolio was C$ 11,868.7 million; investments, C$ 5,351.9 million. On the other hand, there was a reduction in the obligations with financial institutions and other financing (interbank loans) l, which reported C$3,479.4 million.

Banks and finance companies in Nicaragua grow more than 11%, according to a report from the Central Bank

The growth in relation to the same period of May 2022 is 11.6%, with total assets of C$ 299,365.7 million. Equity also presents an increase of 11.5%, in relation to the same month of the previous year with an accumulated amount of 52,194.9 million córdobas.

Public deposits and credit portfolio

Deposits from the public had an interannual growth of 16.9% with a balance equivalent to C$ 205,081 million córdobas; the credit portfolio (allocation of loans) increased by 19.2%, with a balance of C$ 163,991.2 million. Cash and cash equivalents on public deposits registered a value of 34.2%.

Banks and finance companies in Nicaragua grow more than 11%, according to a report from the Central Bank
Banks and finance companies in Nicaragua grow more than 11%, according to a report from the Central Bank

The document details that there is a better credit quality, with a current portfolio of 93.1%, while the rate of the portfolio in arrears at this date is 1.3%. On this same date in 2022 it was 2.2%, which indicates better payment behavior.

Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Sukhoi incident has operational, institutional and media implications
Previous Story

Sukhoi incident has operational, institutional and media implications

Pro-government deputies approved the reparation project for victims of the guerrilla
Next Story

Pro-government deputies approved the reparation project for victims of the guerrilla

Latest from Blog

El COE aumento a 12 provincias en alerta verde

The COE increased green alert to 12 provinces

Santo Domingo.- The Emergency Operations Center (COE) reported that the green alert has increased to twelve provinces due to the fact that scattered showers with thunderstorms and gusts of wind are currently
Go toTop