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Public and private banks increased their assets by 10%, according to report
Posted On 06 Jun 2014
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.