Honduran Commercial Banks Show Increase in Deposits and Savings Accounts
Companies and people in Honduras have 15 industrial banks to select from to save lots of their cash, with every establishment implementing progressive methods to draw monetary customers. The National Banking and Insurance Commission (CNBS) just lately launched information for the primary quarter of 2024, revealing which banks are the popular alternative for depositors.
According to the CNBS rating, Atlántida leads the way in which with 121,047.2 million lempiras in deposits, representing 19.92% of the entire stability. Ficohsa follows intently behind with 100,352.3 million lempiras and a share of 16.52 factors. BAC, West, and Banpaís spherical out the highest 5 banks, collectively holding 79.79% of the general public’s deposits.
The complete stability of financial institution deposits in Honduras elevated from 543,422.9 to 607,455.6 million lempiras within the first quarter of 2023-2024, with a year-on-year enhance of 64,032.7 million lempiras. Private banking establishments within the nation reported a complete of 8,587,380 financial savings accounts, 509,717 demand accounts, and 56,369 time period accounts as of the primary quarter of this 12 months.
Banco Atlántida leads the way in which in financial savings accounts with 1,040,743, adopted intently by Ficohsa with 945,856. BAC, West, and Banpaís additionally boast vital numbers of financial savings accounts, demand accounts, and time period accounts.
With an rising emphasis on financial savings and with simplified procedures for opening accounts, it’s clear that industrial banks in Honduras are enjoying a significant function within the nationwide financial system and offering vital sources of financing for companies and people alike.