Panama mortgage loans continue growing and at the end of the last year 2013, the balance reached $10 billion. That means total this figure had grown by 30% during the last three years. (more…)
On Wednesday, May 21st, the UN has revised its growth forecasts for Latin America and the Caribbean downward, mainly due to the economy slowdown in developing countries such as Brazil, Argentina and Venezuela. In general, the Central America the rate was established at the level of 3.3%. (more…)