21 de diciembre de 2016 11:26 AM
Actualizado el 21 de diciembre de 2016 11:40 AM
Deposits into the Venezuelan banking system at the close of November 2016 stood at VEB 9.83 trillion, up VEB 5.63 trillion (USD 8.35 billion at the exchange rate of 673.49 per dollar-133.93%) from late December 2015 and up VEB 5.83 trillion (USD 8.66 billion-145.91%) compared to November last year, according to a report of business consultancy ICG Consultores.
The consultancy firm highlighted that the credit portfolio hit VEB 5.43 trillion (USD 8.07 billion) at the close of November 2016, a VEB 2.97 trillion increase (USD 4.41 billion-120.59%) from December 2015 and up VEB 3.11 trillion (USD 4.62 billion-134.46%) with respect to November last year.
ICG Consultores informed there is “a banking system with positive liquidity rate and a quality credit portfolio, having in mind that default stands at only 0.29%, one of its lowest rates.”
According to the financial report, matured credit portfolio was VEB 15.4 billion (USD 22.93 million), that is, a VEB 8.59 billion surge (USD 12.76 million-125.55%) as compared to December 2015 and a hike of VEB 7.5 billion (USD 11.13 million-94.42%) compared to November the same year.
This, the experts said, together with credits under litigation, caused default to fall from 0.36% in November 2015 to 0.29% in November 2016. Despite of such decline, an upward trend has prevailed over the past months. Thus, major follow-up of this indicator must be conducted, especially that of consumption credits.