The Annual Benchmark Report is one of the primary benchmarking products created by MIX that offers a unique opportunity to analyze the performance of individual financial service providers (FSPs) and peer groups and to conduct country comparisons.
Peruvian financial service providers (FSP) reported a growth of 2.4% in their borrowers’ base at the end of June 2017 quarter, however, variation rates by peer group had higher variance. Risk levels increased during the quarter led by Banks in the sector.
Ten Peruvian financial service providers covering 50% of the market by loan portfolio and 45% by borrower level responded to the Barometer Forecast providing projections for the quarter ending in September 2017. FSPs continued reporting Client-indebtedness as their primary concern for risk this coming quarter and see PAR levels rising to 6.4% over the next twelve months.
This Barometer Forecast is based on projections from 8 financial service providers. These FSPs represent 83% of the market by gross loan portfolio and 95% of the market by borrowers. Respondents expect the macroeconomic environment, client-indebtedness, and the political/regulatory framework to impact risk levels for September 2017 quarter. Microbanks are projecting higher growth rates compared to other institution types.
Colombian FSPs report slowdown in the growth of deposits and depositors during June 2017 quarter. For the credit portfolio, FSPs have continued to show a rising trend in the risk levels with the impact of changes macroeconomic factors in the country. Read the Quarterly Factsheet for Colombia.
Seven financial service providers in Ghana have responded to the MIX Barometer Survey. These FSPs projected growth in the number of borrowers and loan portfolio for the quarter ending in September 2017. Additionally, borrower levels and loan portfolios are expected to increase over the next twelve months. Risk levels, on the other hand, are expected to decline at the end of this quarter.
Nine financial service providers (FSPs) have responded to the Barometer Survey for Kyrgyzstan and projected for the quarter ending in September 2017. These institutions represent 99% of the market by gross loan portfolio and 100% of the market by borrowers as of the fiscal year 2015.
The Annual Benchmark Report is one of the primary benchmarking products created by MIX that offers a unique opportunity to analyze the performance of individual financial service providers (FSPs) and peer groups and to conduct country comparisons. As part of our continued efforts to collect and publish high-quality data that strengthens the microfinance sector, builds transparency and further enhances financial inclusion in the Philippines, we at MIX have created the “Annual Benchmark Report” for FY 2016.
The Indian microfinance industry has begun to show signs of recovery aligned to the after effects of demonetization starting from June 2017 quarter. FSPs have reported marginal growth in the outreach indicators and have also recorded minor improvements in the risk levels. Over the coming quarters, the portfolio is expected to improve, resulting in lower risk levels. Read the Quarterly Factsheet for India June 2017.