At the end of 2017 the total net assets of Banco Ficohsa Honduras were L83,991 million, which represents an inter-annual growth of 9.2%, mainly explained by an increase in the loan portfolio which represents 64.5% of the total.
In 2017, the loan portfolio showed a 7% increase over 2016, reaching a balance of US$2.334 billion. This performance allows Ficohsa to be consistently rank number 1 in terms of placements, with a market share of 19.8%.
At Banco Ficohsa, the quality of our assets is a priority. The quality of our loans reflects a non-performing loan ratio of 1.8%.
With regard to the coverage of non-performing loans with reserves, the criteria established by senior management and the risk policies allow the Bank to achieve coverage levels of over 100% at the end of 2017.
At the end of 2017, Banco Ficohsa ranked second in the banking system in terms of receiving funds from the public, with a 17.4% share. Total deposits from the public were US$2,225 Million, representing a 10.9% growth over 2016.
At the end of 2017, the Bank’s equity reached US$321 million, maintaining its position as the leading bank in terms of equity resources (No.1), with a 17.4% stake.
With reference to the equity solvency ratio, it reported an index of 13.6% as of December 2017.