A. M. According to the updated Banking Ranking of the Asociación Bancaria Salvadoreña (ABANSA), the loan portfolio for the commerce sector reached US$2,806.3 million, consolidating itself as one of the key sectors in the credit activity.
In addition, the gross balance of loans in the country reached US$17,589.3 million, an increase of US$929 million (5.7%) with respect to the same month of the previous year. This growth reflects greater access to credit in various economic sectors, with emphasis on consumption, housing, and commerce.
Consumer financing represented 32.9% of the total, with US$5,781.1 million in loans, evidencing the continued demand for liquidity by households. Housing loans totaled US$2,852.9 million, equivalent to 16.2% of the total.
The construction sector registered a significant increase in financing, with a 19.2 % year-over-year growth, reaching US$1,056.6 million. This increase could be related to new real estate and infrastructure projects, reflecting a commitment to the country’s development.
The dynamism in lending represents a boost for the economy, as it allows companies to expand, generate employment, and improve competitiveness. In addition, access to consumer and housing credit favors the well-being of families, stimulating commercial activity and the real estate sector.
Other sectors such as industry, services, and electricity also maintained a significant share of the loan portfolio, although with more moderate variations. Industry received US$1,613.2 million in financing, while services received US$1,538.6 million.
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