A. M. According to the Banking Ranking update of the Asociación Bancaria Salvadoreña (ABANSA), the balance of refinanced loans by economic sector reached US$682.1 million, reflecting an increase of 3.1% compared to December 2023, when it stood at US$661.8 million.
This growth is mainly due to the increase in consumer sector financing, which went from US$336.9 million, equivalent to 51%, to US$369.2 million, equivalent to 54%.
Other sectors also showed variations in their refinancing levels. The housing sector decreased slightly from US$107.5 million (16%) to US$102.7 million (15%), while the services sector experienced an increase from US$47.3 million (7%) to US$61.0 million (9%). Likewise, trade financing increased from US$48.4 million (7%) to US$50.3 million (8%), and the construction sector grew from US$17.0 million (3%) to US$20.1 million (3%).
Gross loans in the banking system totaled US$17,478.8 million, which represents an increase of US$1,138.6 million, equivalent to 7%. This increase reflects the financial sector’s confidence in the demand for credit and economic stability.
This increase highlights the importance of maintaining risk control and management measures to avoid a deterioration in the quality of financial assets.
In general, the data reflect a dynamic credit behavior, with significant growth in loans granted. These indicators will be key to evaluate the evolution of the banking system in the coming months.
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