Informe sobre Encuesta de Situación General del Crédito: Primer Trimestre 2016

Abstract

The Central Bank of Paraguay conducts the quarterly "Survey on the General Credit Situation," which is aimed at banks, financial companies, and other credit institutions. The survey seeks to complement the statistical data on credit collected by the Central Bank of Paraguay with qualitative information from entities in the financial system. This data covers aspects such as the conditions, evolution, and perceptions of credit dynamics. The information collected in the survey allows for the preparation of an aggregate report on the current and sectoral credit situation, changes in lending policy, and the expectations of financial intermediaries regarding the financial business. Thus, as of March 2016, 38% of the surveyed entities in the financial system agreed that the current situation was optimal for lending. 48% of respondents said that economic factors continue to be the main driver of credit, followed in order of importance by climate-related factors at 21%, political factors at 14%, and other factors account for the remaining 17%.