Informe sobre Encuesta de Situación General del Crédito: Primer Trimestre 2017

Abstract

The Central Bank of Paraguay (BCP) conducts the quarterly "Survey on the General Credit Situation," which is aimed at banks, financial companies, and other lending institutions. The survey seeks to complement the statistical data on credit collected by the BCP 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 gathered in the survey allows for the preparation of an aggregated report on the current and sectoral credit situation, changes in lending policy, and financial intermediaries' expectations regarding the financial business. In this regard, the data collected in the survey during the first quarter of 2017 suggests that the percentage of people who responded that the economic situation is optimal for lending has increased considerably, although it has not yet reached the levels recorded in 2013 and 2014. However, despite this significant improvement in agents' perceptions of economic activity in general, it has not yet been reflected in the current credit situation.