Public and private banks increased their assets by 10%, according to report

According to reports published by National Directorate of Studies and Information of the Superintendency of Banks and Insurance, public and private banks recorded a growth in its assets above 10%, during 2013.

The increase figure for the public sector was 13.9% ($ 6,344.1 million), while in the private sector it reached 10.3% ($ 30,738.4 million).

The Superintendency of Banks mentioned that the main factors to justify the increase in assets have been the rise by $ 405 million investment, a net portfolio by $ 227.7 million, funds available by $ 134.4 million and accounts receivable at $ 105 million.