Now Available: Venezuela Commercial Banking Report Q4 2012

New Financial Services research report from Business Monitor International is now available from Fast Market Research

by Bill Thompson

(WireNews+Co) - Boston, MA - 26 October 2012

Credit growth in Venezuela is rampant, up 55.5% y-o-y in March 2012, and likely to get faster ahead of the October 2012 presidential election. Yet since this growth is built on very weak foundations, such that our outlook for the sector remains a bleak one, with the state-run banks most exposed to a collapse in credit quality and a selloff in government bond yields.

Public And Private Sectors Diverging In our last commercial banking sector update (see 'Strong Growth Belies The Risks', January 26) we contrasted financial statements of state-run and privately owned banks to demonstrate how government pressure was increasing systemic risks in the sector, and since then these risks have increased.

Three main indicators highlight the ongoing divergence between public and private banks in the country. ???? Credit Growth - According to data from the country's banking supervisory body, credit growth among state banks was 83% y-o-y in March 2012, much higher than the 49% recorded among private banks. It is no coincidence that bank lending has been much stronger among state-run banks than their privately-owned counterparts, as the government is seeking to keep consumption elevated ahead of the election. ???? Non-Performing Loans - Although non performing loan (NPL) rates have been falling, from 5.3% at the start of 2011 to 2.6% by March 2012, implying an improvement in credit quality across the sector, there is a significant divergence between state and privately-run institutions.

Venezuela Commercial Banking Report Q3 2012 © Business Monitor International Ltd Page 31 While the total NPL rate for private banks was just 2.0%, state-run banks posted a much higher 4.6%.

View Full Report Details (http://www.fastmr.com/prod/456383_venezuela_commercial_banking_report_q4_2012.aspx) (http://www.fastmr.com/prod/456383_venezuela_commercial_banking_report_q4_2012.aspx)

Partial Table of Contents:

Executive Summary

- Table: Levels (VEBbn) - Table: Levels (US$bn) - Table: Levels At May 2012 - Table: Annual Growth Rate Projections 2012-2016 (%) - Table: Ranking Out Of 59 Countries Reviewed In 2011 - Table: Projected Levels (VEBbn), 2008-2016- Table: Projected Levels (US$bn), 2008-2016

SWOT Analysis

- Venezuela Commercial Banking SWOT - Venezuela Political SWOT - Venezuela Economic SWOT- Venezuela Business Environment SWOT

Business Environment Outlook

- Commercial Banking Business Environment Rating - Table: Commercial Banking Business Environment Ratings - Commercial Banking Business Environment Rating Methodology- Table: Latin America Commercial Banking Business Environment Ratings

Global Commercial Banking Outlook

Regional Outlooks

- Stability Key For Regional Banks To Flourish - Table: A Strong Growth Outlook For Banks, 2010-2016- Table: A Promising Customer Base, 2010-2016

Regional Banking Sector Outlook

- Latin America Banking Sector Forecast Overview - Q4 2012 - Table: Banks' Bond Portfolios 2011 - Table: Latin America Commercial Banking Business Environment Ratings - Table: Comparison of Loan/Deposit & Loan/Asset & Loan/GDP ratios - Table: Anticipated Developments in 2012 - Table: Comparison of Total Assets & Client Loans & Client Deposits (US$bn) - Table: Comparison of US$ Per Capita Deposits (2011)- Table: Interbank Rates and Bond Yields

Venezuela Banking Sector Outlook

- Banking Sector Highly Exposed To Political Risk

Economic Outlook

- Table: Venezuela - Economic Activity, 2011-2016

Competitive Landscape

- Market Structure - Protagonists - Table: Protagonists In Venezuela's Commercial Banking Sector - Definition Of The Commercial Banking Universe - List Of Banks -

View Full Table of Contents
(http://www.fastmr.com/catalog/product.aspx?productid=456383&dt=t)

Fast Market Research (http://www.fastmr.com) is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.