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Submitted January 18, 2023
Published 2023-01-19

Artículos

Vol. 12 No. 1 (2023): Centros: Revista Científica Universitaria

FINANCIAL ANALYSIS OF THE MEASURES ADOPTED AS AN ECONOMIC BOOST BY THE CENTRAL AMERICAN BANKING SECTOR IN TIME OF PANDEMIC


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Citación:
DOI: ND

Published: 2023-01-19

How to Cite

González Díaz , C. A., & Gutiérrez , R. (2023). FINANCIAL ANALYSIS OF THE MEASURES ADOPTED AS AN ECONOMIC BOOST BY THE CENTRAL AMERICAN BANKING SECTOR IN TIME OF PANDEMIC. Centros: Revista Científica Universitaria, 12(1), 38–59. Retrieved from https://revistas.up.ac.pa/index.php/centros/article/view/3480

Abstract

The purpose of the study carried out is to analyze the temporary measures created as economic support for credit portfolio clients, the behavior of active interest rates and the impact of financial indicators that allow evaluating the stability of the Central American banking sector in times of crisis. COVID 19 pandemic. The methodology used was carried out under the non-experimental design with a descriptive scope, through the literature review, the reports of the regulatory entities of banking activity in the Central American countries were accessed. The data collected was limited to the years 2019 and 2020. The study population consisted of six countries in the Central American region, where Belize was excluded because it was not possible to complete all the information required for the study. The results obtained in terms of the active rates of the countries analyzed were for Costa Rica, 6.6. %; El Salvador, 8.7%; Guatemala, 12.5%; Honduras, 17%; Nicaragua, 11.2% and Panama, 7%. We conclude that the Central American banking sector for the year 2020 was strengthened, the solvency levels according to financial indicators were high and they had great liquidity as a result of credit provisions by international entities, as well as the government of each country. They also presented a significant increase in deposits of savings, current and fixed-term accounts, coupled with a decrease in the granting of new loans, given the rigidity imposed by the consequences caused by the pandemic, however, at the end of their year fiscal 2020 reflected good profit margin.

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