Financial system assets increased 4.8% in May | National

In addition, on the utilities side, these show it has also increased from 589 000 million dollars compared to April and reached 12.5 billion dollars.

According to the Superfinanciera, the investment portfolio "continues to be the main determinant of badet growth. investments and derivatives of the financial system amounted to $ 817.1 billion, an actual annual variation of 8.4%, which in nominal terms is 11.8%. "

On the institutional side banks, these are still recovering and with a profit of 3.41 billion dollars, only a slight decrease of 0.12% compared to the figure of 2017 while they stood at $ 3.42 trillion. It's a recovery against the falls that they introduced in January by over 20%.

One of the biggest breakthroughs of banks was highlighted by the decline in the outstanding portfolio of debts, which went from 33% in May 2017 to only 18%.

In this article business loans are the ones that mark the increases, however, experts point out that there is some improvement.

BEHAVIOR OF THE PORTFOLIO

According to the report of La Superfinanciera, in terms of total portfolio, maintains its positive growth.

"In May 2018, the loan portfolio showed real annual growth of 2.4%, the total balance of the gross portfolio, including the National Savings Fund (NAF), was $ 447.2 billion, with an increase of $ 2.9 billion over April. "

In the detailed study, it is argued that, by term, the actual annual change in the housing portfolio was 8.1%, the consumer portfolio 5.3% and microcredit 3.5%.

On the other hand, "the commercial portfolio decreased by 0.4% real annual," says the report.