Modification to Banking Regulations in Guatemala

©image: Paul Falardeau

Even though bank portfolios in arrears are not at a critical level, the SIB will request that the Monetary Board make the changes to the rules in order for banks to increase their reserves for bad debts (loans).

Edgar Barquin, head of SIB, said that the changes will strengthen the banking system ability to deal with any eventuality.

Source: elperiodico.com.gt

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