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Following the strong push seen just before the official holidays’ week, FC adjusted weekly credit growth decelerated and turned into negative growth on the week ending on June 21st, also taking into account the negative calendar impact.

FC adjusted weekly credit growth continued to decelerate for the 2nd week in a row; and turned into negative growth from 1% to -0.06% due to significant deceleration in both commercial and consumer credits in the sector.

FC adjusted weekly credit growth decelerated from 1.6% to almost 1% in the week ending by May 31st due to commercial credits in private banks.

FC adjusted weekly credit growth accelerated strongly from 0.1% to 1.6% in the week ending by May 24th mainly due to both consumer and commercial credits in private banks.

FC adjusted weekly credit growth decelerated further to 0.1% in the week ending by May 17th due to consumer credits in public banks.

Foreign currency adjusted weekly credit growth decelerated to 0.5% on the week ending at May 3rd following the strong increase of 1.5% in the previous week. This is due to both commercial and consumer credits in the whole sector. Total credits’ 13-week annualized trend fell from 37.3% to 36.4%.

Foreign currency adjusted weekly credit growth has been decelerating since the start of April; and turned into negative weekly growth with -0.22% in the week ending by April 19th, due to both commercial and consumer credits of public banks.

Foreign currency adjusted weekly credit growth has been decelerating since the start of April; and fell from 0.3% to 0% in the week ending by April 9th, due to commercial credits of both public and private banks. Total credits’ 13-week annualiz…

In the week ending by March 22nd, foreign currency adjusted weekly credit growth rose from 0.3% to 0.7% due to consumer credits in the sector. Total credits’ 13-week annualized trend hovers around 35%.

Uruguay continues to show a solid, liquid financial system with a good quality loan portfolio that translates into low levels of non-performing loans. Compared to the rest of the region, the penetration levels of the financial system are mid-ra…

Credit growth accelerated on the week ending by March 1 due to commercial credits of both public and private banks. Total credits’ 13-week annualized trend rose from 27.7% to 29.4%.

In the week ending by February 9, foreign currency adjusted weekly credit growth decelerated to 0.5% from 0.7% due to consumer credits in private banks. Total credits’ 13-week annualized trend rose from 25.4% to 27.2% due to carry-over impact of the previous two weeks.