The Treasury evaluates banks and most of them obtain a satisfactory rating

The purpose of this assessment is to encourage multiple banking institutions to direct their activities towards supporting and promoting the development of the country’s productive forces and the growth of the national economy, in accordance with sound banking practices and customs, based on a sovereign economic policy, the Treasury Department stressed.

The evaluation also seeks to promote savings in all sectors and regions of the country, and to channel them appropriately to a broad regional coverage that encourages the decentralization of the banking system itself.

In order to carry out this task, the EDB considers aspects such as intermediation related to credit activity and fundraising, the products, services and infrastructure through which institutions carry out their banking operations, the quality of services in the operation of the institutions, performance in investment and foreign exchange activities, as well as efforts and good practices in sustainable finance and gender equality.

He stressed that this exercise does not evaluate the liquidity or solvency conditions of multiple banking institutions.