Category: Credit

Credit line – a friend who will always give a helping handCredit line – a friend who will always give a helping hand

A credit line is a predetermined borrowing limit that can be used at any time. The borrower can withdraw the money as needed until the credit limit is reached, and as soon as the money is repaid it can be borrowed again in the case of an open credit line. A credit line is an […]

Have all credits been reduced? Here we explainHave all credits been reduced? Here we explain

According to the most up-to-date official information, until October the gross loan portfolio (including current, restructured, overdue and judicial collection credits) granted by the banks of Nicaragua has been reduced by 20.7% compared to 2018. However, during the tenth month of the year there was a slight growth, being the first time since the crisis […]