BRH: "Mixed Results in Key Banking System Performance Indicators

"Data available as of June 30, 2024, show a mixed performance across key banking system indicators," according to the BRH’s monetary policy note for the third quarter of the 2023-2024 fiscal year.

"Data available as of June 30, 2024, show a mixed performance across key banking system indicators," according to the BRH’s monetary policy note for the third quarter of the 2023-2024 fiscal year. "The net banking product (NBP) generated by the system decreased by 2.7%, reaching 8.6 billion gourdes, amid a macroeconomic environment fraught with uncertainties. This decline is attributed to reductions in the 'Other Income' (-52.9%) and 'Foreign Exchange Gains' (-1.4%) components. Due to a 1.5% increase in o

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