Bank Report, January 2024

Summary:

The financial system's aggregate characteristics remained strong at the beginning of 2024, with a reduction in private sector financing intermediation. The liquidity and solvency coverage of financial entities remained high, with a slight decrease in payment operations in January compared to December. However, transfer operations increased 13.3% in constant currency and 117.8% in terms of volume. The participation of Banca Mu00f3vil continued to grow. The real credit balance in pesos to the private sector decreased in January, with a decline in credit lines in most financial institutions. The banking system's indicators of irregularity remained stable, with a slight increase in the ratio of irregularity to 3.5%. The system's liquidity and solvency indicators continued to grow, with a high level of regulatory capital integration and a strong profitability ratio.