Costa Rica Banks Get A Thumbs Up From Fitch
Banks in Costa Rica, Panama and el Salvador,
got a pat on the back from Fitch Ratings
agency on Thursday, because its banks are
“better off” than those of Nicaragua and
Honduras.
"We feel that the regulation and the levels
of solvency and liquidity financial systems
in Costa Rica, Panama and El Salvador are
adequate and are trained to accompany the
economic recovery, "he said.
The report highlighted the economic
fragility of Nicaragua and Honduras and the
Fitch regional director, Choussy Maurice
said that that Guatemala needs more
regulation.
"Nicaragua is experiencing at this time a
pre-election period" , said the expert, who
warned of some institutions engaged in
microfinance in the country that has
"solvency problems."
In Honduras the institutional crisis was not
yet over and still to be resolved are the
problems by the populist measures taken by
the government that will require an
adjustment in the economic sphere that will
definitely affect the financial system, Said
Maurice.
Honduras suffered a political crisis after
the fall, in June of then President Manuel
Zelaya and the coming to power of de facto
president Roberto Micheletti. |
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