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In April 2025, the fade out of the exchange rate depreciation influenced the lower dynamism of the balance of the current credit portfolio granted by commercial banks to the SPNF (8.2% YoY in real terms) and the balance of traditional bank deposits (6.1% YoY in real terms).

In March, outstanding credit granted to the non-financial private sector maintained double-digit growth, supported by corporate lending. Traditional banking deposits growth (sight+term) accelerated aunderpinned by public sector resources.

In August, both deposits and credit rose in annual terms with respect to July, supported, in part, by the accounting effect of the exchange rate depreciation. Companies and other financial intermediaries were behind the increase in deposits, while consumer and business credit supported credit.

In August 2023, the balance of traditional bank deposits (sight + term) registered a real annual growth rate of 3.2%, while the balance of the current credit portfolio granted by commercial banks to the private non-financial sector (NFPS) grew 5.6% annually in real terms.

During February 2023, the balance of the current credit portfolio granted by commercial banks to the non-financial private sector (NFPS) grew 4.8% real per year (12.8% nominal), while traditional bank deposits decreased by a real contraction of 1.4% (equivalent to nominal growth of 6.1%).

During January 2023, the real balance of the current credit portfolio granted by commercial banks to the non-financial private sector (NFPS) grew 4.6% YoY, while traditional bank deposits (sight + term) exhibited a real YoY fall of - 0.1%.