Informe sobre Encuesta de Situación General del Crédito: Primer Trimestre 2015

Abstract

The Central Bank of Paraguay conducts a quarterly Survey on the General Credit Situation, targeting banks, financial companies, and other lending institutions. The survey seeks to complement the credit studies conducted by the Central Bank of Paraguay based on data provided by financial system entities. It seeks to gather qualitative information on the credit industry by surveying financial agents on their perceptions of the credit business. The survey results allow for the preparation of an aggregate report on the current and sectoral credit situation, changes in new credit granting policy, and financial intermediaries' expectations regarding the financial business. Thus, as of March 2015, 57% of the financial system entities surveyed responded that the current situation is optimal for lending. 83% of respondents stated that the economic situation continues to be the main driver of credit, while 17% mentioned climate and political factors.