The economic activity of commercial banks has been somewhat unusual, total deposits are at its highest point since 2010 and this just a reflection of the second quarter of 2018. On the other hand, total loans are in its lowest point since 2010. Total deposits began a downfall after 2008 and started to increase without falling since 2016. Total loans have been in a downfall without exceptions since 2009. Consumers debt has also been in a downfall after a sustained increase between 2013 and 2015. This is an expected reaction to the adverse economic moment the island is in.
Source: Statistical Appendix to the Governor
If you want to know more about how this affects your business or just simply want to see the numbers, check out our subscription packages in the "services" section.