|
|
BANCO VENEZOLANO DE CREDITO- Financial Statistics, Dec 94 - Jan 97 (Nominal Bolivares in Millions) |
|
|
Dec-96 |
Jun-96 |
Dec-95 |
Jun-95 |
Dec-94 |
|
Balance Sheet |
|
Total Assets |
100,161 |
85,524 |
69,219 |
61,412 |
49,423 |
|
Gross Loans |
69,894 |
54,077 |
36,431 |
23,702 |
28,151 |
|
Gross Investments |
12,443 |
8,031 |
18,284 |
24,242 |
1,982 |
|
Total Loan Loss Reserve |
1,472 |
1,506 |
757 |
480 |
554 |
|
Other Assets |
365 |
2,403 |
2,055 |
1,687 |
1,552 |
|
Total Deposits |
49,692 |
51,292 |
48,036 |
46,688 |
35,384 |
|
Total Equity |
34,025 |
27,072 |
16,538 |
11,652 |
10,913 |
|
Averages |
|
Average Assets |
54,699 |
73,728 |
64,030 |
58,014 |
46,076 |
|
Average Loans |
30,695 |
41,667 |
33,508 |
23,852 |
21,176 |
|
Average Equity |
12,811 |
14,369 |
10,964 |
9,391 |
7,731 |
|
Average Investments |
9,342 |
18,042 |
28,346 |
13,203 |
5,413 |
|
Asset Quality |
|
Net Interest Income |
14,261 |
14,660 |
8,937 |
3,736 |
4,946 |
|
Noninterest Income |
2,215 |
1,807 |
1,465 |
1,124 |
782 |
|
Extraordinary Gains, Net |
0 |
4,457 |
450 |
506 |
84 |
|
Total Revenues |
17,174 |
23,355 |
13,786 |
7,486 |
8,166 |
|
Loans Loss Provision |
301 |
414 |
202 |
0 |
58 |
|
Operating Expenses |
6,574 |
6,094 |
3,523 |
2,550 |
2,335 |
|
Income Tax |
0 |
220 |
472 |
0 |
112 |
|
Net Income |
9,605 |
14,093 |
6,459 |
2,495 |
3,267 |
|
Asset Quality |
|
Total Past Due Loans |
63 |
569 |
67 |
135 |
75 |
|
Loan Loss Reserve/Gross Loans |
2.11 |
2.78 |
2.08 |
2.03 |
1.97 |
|
Past Due Loans / Gross Loans |
0.09 |
1.05 |
0.18 |
0.57 |
0.27 |
|
Coverage of Past Due Loans |
2,337.62 |
264.57 |
1,131.59 |
355.47 |
738.11 |
|
Net Past Due Loans / Equity |
(4.14) |
(3.46) |
(4.17) |
(2.96) |
(4.39) |
|
Capital Adequacy |
|
Equity/Assets |
33.97 |
31.65 |
23.89 |
18.97 |
22.08 |
|
Equity / Gross Loans |
48.68 |
50.06 |
45.40 |
49.16 |
38.77 |
|
Liquidity |
|
Gross Loans / Gross Assets |
68.60 |
61.88 |
51.87 |
38.14 |
56.04 |
|
Gross Loans / Deposits |
140.65 |
105.43 |
75.84 |
50.77 |
79.56 |
|
Liquid Assets / Assets |
17.18 |
30.24 |
38.26 |
52.34 |
35.86 |
|
Profitability |
|
Return on Avg. Assets |
35.12 |
38.23 |
20.18 |
8.60 |
14.18 |
|
Return on Avg. Equity |
149.94 |
196.16 |
117.82 |
53.14 |
84.52 |
|
Net Interest Margin |
52.14 |
39.77 |
27.91 |
12.88 |
21.47 |
|
Overhead Ratio |
46.10 |
41.57 |
39.42 |
68.25 |
47.21 |
|
Operating Expenses / Avg. Assets |
24.04 |
16.53 |
11.00 |
8.79 |
10.13 |
|
Noninterest Inc. / Total Revs. |
12.90 |
7.74 |
10.63 |
15.01 |
9.58 |
|
Noninterest Inc. / Op. Exp. |
33.70 |
29.65 |
41.59 |
44.07 |
33.49 |
|
Noninterest Inc. / Avg. Assets |
8.10 |
4.90 |
4.58 |
3.87 |
3.39 |
|
Provision. / Avg. Assets |
1.59 |
1.40 |
1.24 |
1.11 |
0.42 |
|
Effective Tax Rate |
0.00 |
1.54 |
6.81 |
0.00 |
3.33 |
|
Productivity |
|
Branches |
46 |
43 |
42 |
41 |
41 |
|
Loans / Branch |
1,519 |
1,258 |
867 |
578 |
687 |
|
Deposits / Branch |
1,080 |
1,193 |
1,144 |
1,139 |
863 |
|
Growth Measures |
|
Assets |
17.12 |
23.56 |
12.71 |
24.26 |
11.31 |
|
Gross Loans |
29.25 |
48.44 |
53.70 |
(15.80) |
16.13 |
|
Deposits |
(3.12) |
6.78 |
2.89 |
31.95 |
17.97 |
|
Equity |
25.68 |
63.69 |
41.94 |
6.77 |
15.96 |
|
Net Income |
(31.84) |
118.18 |
158.89 |
(23.64) |
(12.14) |
|
Exch. Rate (Period-End Bs/US$) |
474.00 |
469.00 |
290.00 |
170.00 |
170.00 |
|
Source: Francisco J. Faraco & Associates. Calculation based on data from Banks Financial Statements. |
|
E-Mail: Faracor@spai1.lat.net |
|
