The utilities of the financial system at the end of February were located at $ 21 billion, amount higher than that registered in February 2024, a period in which they amounted to $ 19.6 billion, which represented an increase of 7.1%, according to the report of the Financial Superintendence.
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For their part, credit establishments (EC), which group banks, financial corporations, financing companies and financial cooperatives, reported profits for $ 1.78 billion, which compared to those for $ 921.8 billion obtained in the same month of 2024, represents a growth of 93.6%.
Then followed the profits of the insurers that reached $ 670.8 billion, the special official institutions (IOE) with $ 582.8 billion, the Pension Fund Administrators (AFP) with $ 207.4 billion, the fiduciary companies with $ 143,300 million, the infrastructure suppliers with $ 92.8 billion, the intermediaries of values with $ 55,500 million and the Sedpe with $ 2.2 billion.
Banks
When disaggregated by type of entity, banks accumulated profits of $ 1.48 billion, 64.6% higher than those reached a year ago when these were $ 902,982 million; Financial corporations earned $ 315.2 billion and cooperatives of Financial character $ 19.3 billion, on the other hand, financing companies reported losses for $ 36,000 million.
EC assets reached $ 1,058 billion with a nominal variation of 5.3%. Of this value $ 659 billion corresponds to the portfolio of credits and financial leasing operations.
In February 2025, the Gross Financial Margin of ECs was composed in 51.8% of the net margin of interest, 31.2% of the assessment and income of investments and 15.1% of the commissions and financial services. The profitability of the EC asset (roa) stood at 1.02%.
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Banks
The balance of savings accounts closed the month with $ 317 billion, term deposit certificates (CDT) with $ 319 billion and current accounts with $ 73 billion.
During February, the CDT showed dynamic growth. In February, an year -on -year increase of $ 20.7 billion was observed in its nominal balance, which represents a real growth of 1.6%. The CDT balance with expiration exceeding one year reached $ 159 billion, of which $ 100 billion corresponded to deposits over 18 months, equivalent to 31.4% of the total CDT.
Credit is still depressed
The gross balance of the portfolio amounted to $ 713.1 billion, with a real negative annual variation of 1.1%, while the deepening indicator stood at 41.8% of GDP. A year ago the Department Index of the portfolio was 43.6% of GDP.
The Superfinanciera said that the portfolio completed 23 months with real negative annual variations, but positive credits were presented of housing, microcredit, and commercial, the latter, for the third consecutive month.
In intermensual terms, the commercial portfolio increased $ 4.3 billion, given the positive contribution of segments such as corporate ($ 4.1 billion) and business ($ 883.7 billion).
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Banks
The microcredit completed 48 consecutive months of positive records, by reporting an annual real variation of 3.4%. With a cut to February this portfolio registered an intermensual increase in the nominal balance of $ 194,700 million. Disbursements in the month for productive credit.
The balance that Mora reports greater than 30 days reached $ 33.4 billion, which meant an intermensual decrease in the balance of $ 75.9 billion. In particular, compared to February 2024, the balance varied -9.4%, driven by consumption with a real record of -25.1%. For housing modalities, an annual real variation of 13.7%, commercial of 5.6%; and microcredit of -10.4%.
Holman Rodríguez Martínez
Portfolio journalist
