The balance of loans granted by the banking sector reflected an inter-annual growth of US$1,688.3 million as of december 31, 2022, as a result of the dynamism in the country's economic activity.
As of december 31, 2022, banks, cooperative banks, and savings and loan societies registered a growth of US$610.1 million in deposits, as a reflection of the confidence in the financial system and the stability of the country's economy.
Savings accounts with simplified requirements show a growing trend as of december 2022, registering a total of 208,498 accounts, demonstrating the easy access to financial products from mobile devices.
The Financial System indicators show that growth has been evolving since 2018 with 3,191 savings accounts, 2019, 40 thousand 238; 2020, 103 thousand 559; 2021, 143 thousand 838 and 2022, 208 thousand 498.
Translated by: A.M