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Economic growth by Central American countries will grow by 2 to 7 percent: Fitch

Friday, January 6, 2012

Growth in Central American countries will be between 2 and 7 percent this year, according to Fitch Ratings.

Panama's economy will grow by 7 percent; Costa Rica 4; Nicaragua 3.5; Honduras 3.3; Guatemala 3.1 and El Salvador 2 percent.

Fitch added that "dispite delays in disbursements of credit and the challenging economic environment, the profitability of the region's banking system will continue to improve in 2012."

Original source (in Spanish): Efe