Finance

ASFI: Bolivia has the lowest credit risk for the financial system in South America

The credit portfolio of the financial system in Bolivia registered a healthy growth and arrears represent 2% of the credits, the lowest level in the region, according to the Financial System Authority (ASFI). ASFI said that Colombia has the highest level of financial arrears with 4.4% followed by Ecuador with 3.5%, Peru (3.4%), Argentina and Brazil both with 3.1%, Paraguay (2.5%), Uruguay (2.4%), Chile and Bolivia both with 2%.

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Source: ABI

Categories:Finance