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BANESCO - Financial Statistics, Dec 94 - Jan 97 (Nominal Bolivares in Millions) |
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Dec-96 |
Jun-96 |
Dec-95 |
Jun-95 |
Dec-94 |
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Balance Sheet |
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Total Assets |
203,847 |
122,497 |
68,540 |
48,569 |
41,635 |
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Gross Loans |
36,161 |
14,795 |
14,019 |
15,341 |
5,748 |
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Gross Investments |
114,151 |
73,905 |
36,072 |
19,487 |
26,309 |
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Total Loan Loss Reserve |
1,705 |
1,208 |
1,095 |
655 |
312 |
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Other Assets |
3,551 |
3,413 |
1,505 |
1,206 |
1,065 |
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Total Deposits |
145,884 |
98,726 |
58,626 |
41,407 |
37,072 |
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Total Equity |
22,017 |
13,005 |
7,074 |
5,161 |
3,247 |
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Averages |
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Average Assets |
71,062 |
75,727 |
52,256 |
41,954 |
31,033 |
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Average Loans |
8,631 |
13,310 |
22,207 |
7,822 |
3,797 |
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Average Equity |
6,203 |
6,771 |
4,493 |
2,778 |
1,692 |
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Average Investments |
40,128 |
38,472 |
27,245 |
18,455 |
14,551 |
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Asset Quality |
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Net Interest Income |
14,242 |
8,107 |
4,537 |
3,881 |
2,451 |
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Noninterest Income |
228 |
366 |
300 |
370 |
197 |
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Extraordinary Gains, Net |
911 |
1,828 |
259 |
207 |
72 |
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Total Revenues |
24,838 |
17,589 |
9,353 |
7,364 |
5,819 |
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Loans Loss Provision |
541 |
117 |
620 |
260 |
200 |
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Operating Expenses |
6,042 |
3,592 |
2,338 |
1,685 |
1,361 |
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Income Tax |
150 |
0 |
150 |
250 |
65 |
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Net Income |
8,166 |
5,970 |
1,926 |
2,017 |
1,065 |
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Asset Quality |
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Total Past Due Loans |
830 |
704 |
450 |
596 |
416 |
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Loan Loss Reserve/Gross Loans |
4.72 |
8.16 |
7.81 |
4.27 |
5.43 |
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Past Due Loans / Gross Loans |
2.29 |
4.76 |
3.21 |
3.89 |
7.24 |
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Coverage of Past Due Loans |
205.50 |
171.54 |
243.26 |
109.89 |
74.96 |
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Net Past Due Loans / Equity |
(3.98) |
(3.87) |
(9.12) |
(1.14) |
3.21 |
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Capital Adequacy |
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Equity/Assets |
10.80 |
10.62 |
10.32 |
10.63 |
7.80 |
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Equity / Gross Loans |
60.89 |
87.90 |
50.46 |
33.64 |
56.49 |
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Liquidity |
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Gross Loans / Gross Assets |
17.75 |
11.92 |
20.12 |
31.15 |
13.70 |
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Gross Loans / Deposits |
24.79 |
14.99 |
23.91 |
37.05 |
15.51 |
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Liquid Assets / Assets |
20.32 |
19.24 |
20.06 |
21.26 |
17.05 |
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Profitability |
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Return on Avg. Assets |
22.98 |
15.77 |
7.37 |
9.62 |
6.87 |
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Return on Avg. Equity |
263.27 |
176.36 |
85.75 |
145.23 |
125.94 |
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Net Interest Margin |
40.08 |
21.41 |
17.37 |
18.50 |
15.79 |
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Overhead Ratio |
42.42 |
44.31 |
51.54 |
43.42 |
55.54 |
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Operating Expenses / Avg. Assets |
17.00 |
9.49 |
8.95 |
8.03 |
8.77 |
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Noninterest Inc. / Total Revs. |
0.92 |
2.08 |
3.21 |
5.02 |
3.38 |
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Noninterest Inc. / Op. Exp. |
3.77 |
10.20 |
12.84 |
21.95 |
14.46 |
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Noninterest Inc. / Avg. Assets |
0.64 |
0.97 |
1.15 |
1.76 |
1.27 |
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Provision. / Avg. Assets |
1.95 |
1.95 |
2.61 |
2.41 |
1.47 |
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Effective Tax Rate |
1.80 |
0.00 |
7.22 |
11.03 |
5.75 |
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Productivity |
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Branches |
48 |
50 |
50 |
41 |
33 |
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Loans / Branch |
753 |
296 |
280 |
374 |
174 |
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Deposits / Branch |
3,039 |
1,975 |
1,173 |
1,010 |
1,123 |
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Growth Measures |
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Assets |
66.41 |
78.72 |
41.12 |
16.65 |
56.89 |
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Gross Loans |
144.41 |
5.54 |
(8.62) |
166.89 |
18.74 |
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Deposits |
47.77 |
68.40 |
41.58 |
11.69 |
60.37 |
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Equity |
69.30 |
83.84 |
37.08 |
58.93 |
91.36 |
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Net Income |
36.76 |
209.96 |
(4.51) |
89.33 |
243.20 |
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Exch. Rate (Period-End Bs/US$) |
474.00 |
469.00 |
290.00 |
170.00 |
170.00 |
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Source: Francisco J. Faraco & Associates. Calculation based on data from Banks Financial Statements. |
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E-Mail: Faracor@spai1.lat.net |
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