Inflation, a decrease in income and an increase in mortgage rates have set the stage a the 60% drop in buying power.
The financial health of the credit union industry is measured with four criteria: liquidity, solvency, asset quality and profitability.
The Financial Stability Index for the Credit Union Industry in Puerto Rico, prepared by Estudios Técnicos Inc. (ETI), shows that conditions in this industry continued to improve in the third quarter of 2021. Economist Leslie Adames, director of ETI’S Economic Analysis and Policy Division, said “the index increased from 0.49 in the third quarter of […]