Wednesday, November 9, 2016

Deposits in banks show record growth since 2011. Most deposits are from abroad


Bank deposits increased $6.6 billion in the first nine months of 2016. This is the highest growth in absolute value for corresponding periods since 2010. The value of additional deposits is 40 percent higher than during the same period last year, according to the Central Bank (BDL).

In percentage terms, total deposits rose 4.3 percent over the nine-month period compared with an increase of three percent in the same period of 2015.

The swap operations that BDL carried out earlier t...

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