Bank deposits grew 5.5% in May, and loans increased by 1.4%.

Deposits in the financial system grew by 5.5% in May, while lending expanded by only 1.4%, with non-performing loans remaining stable. The total volume of deposits rose to $27.19 billion, and credits amounted to $26.77 billion. In annualized terms, deposits and loans increased by 5.6% and 5.5% respectively.

Source: Nueva Economía