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Detailed CAMEL financial summary for development finance companies, fiscal year 2023-2024: ratios for the system, FDI and SOFIHDES

Detailed CAMEL financial summary for development finance companies, fiscal year 2023-2024: ratios for the system, FDI and SOFIHDES

Summary — The BRH's one-page CAMEL ratio sheet for development finance companies for fiscal year 2023-2024, with a column each for the system, the FDI and SOFIHDES. It shows the two institutions' opposite profiles: non-performing loans are 78.4 percent of the FDI's gross loans against 21.2 percent at SOFIHDES, the FDI's return on equity is -0.84 percent against 11.19 percent, and its gross portfolio yield 3.77 percent against 14.69 percent, while SOFIHDES holds almost no liquidity (1.75 percent of assets) and has fixed assets equal to 95 percent of equity.
Key Findings
Full Description

A single-page CAMEL ratio table published by the banking supervision of the Banque de la République d'Haïti for the development finance companies (sociétés financières de développement) for fiscal year 2023-2024. The five CAMEL blocks (capital, asset quality, management, earnings, liquidity) are laid out down the page with three columns: the system, the Fonds de Développement Industriel (FDI) and the Société Financière Haïtienne de Développement (SOFIHDES).

Capital: fixed assets are 55.27 percent of shareholders' equity for the system, 44.80 percent at the FDI and 95.24 percent at SOFIHDES; equity is 19.71 percent of assets for the system, 21.26 percent at the FDI and 15.43 percent at SOFIHDES. Asset quality: non-performing loans are 62.70 percent of gross loans for the system, 78.43 percent at the FDI and 21.24 percent at SOFIHDES; provisions cover 55.45, 57.07 and 39.71 percent of gross non-performing loans; net non-performing loans are 76.71, 84.61 and 46.56 percent of equity. Management: operating expenses absorb 85.95 percent of net product for the system, 92.43 percent at the FDI and 76.83 percent at SOFIHDES, with salaries at 57.91, 67.42 and 41.82 percent of operating expenses.

Earnings: return on assets is 0.30 percent for the system, -0.18 percent at the FDI and 1.47 percent at SOFIHDES; return on equity 1.57, -0.84 and 11.19 percent; net interest income is 84.17 percent of interest income for the system, 100 percent at the FDI (which carries no interest expense) and 73.13 percent at SOFIHDES; gross portfolio yield is 6.70, 3.77 and 14.69 percent. Liquidity: liquid assets are 10.34 percent of assets for the system, 13.44 percent at the FDI and 1.75 percent at SOFIHDES, and 12.88, 17.07 and 2.07 percent of liabilities. The companion summary of financial statements for the same year is held separately.

Sectors
Geography
Time Coverage
2024 — 2024
Full Document Text

Extracted text from the original document for search indexing.

SYSTÈME FINANCIER - INSTITUTIONS DE DÉVELOPPEMENT SOMMAIRE FINANCIER DÉTAILLÉ Exercice 2023-2024 SYSTÈME C A M E L FDI SOFIHDES Immobilisations/avoir des actionnaires 55,27% 44,80% 95,24% Avoir des Actionnaires en % de l'Actif 19,71% 21,26% 15,43% Prêts improductifs en % prêts bruts 62,70% 78,43% 21,24% Provisions en % des prêts improductifs bruts 55,45% 57,07% 39,71% Prêts impr. Nets en % de l'avoir des actionnaires 76,71% 84,61% 46,56% Dépenses d’exploitation en % du Produit Net 85,95% 92,43% 76,83% Salaires en % des dépenses d’exploitation 57,91% 67,42% 41,82% ROA 0,30% -0,18% 1,47% ROE 1,57% -0,84% 11,19% Revenu net d’intérêts / revenus d’intérêts 84,17% 100,00% 73,13% Rendement du portefeuille brut 6,70% 3,77% 14,69% Liquidité en % de l'actif 10,34% 13,44% 1,75% Liquidité en % du passif 12,88% 17,07% 2,07% Productivité par employé

How to cite

Banque de la République d'Haïti (BRH), Detailed CAMEL financial summary for development finance companies, fiscal year 2023-2024: ratios for the system, FDI and SOFIHDES, https://www.brh.ht/supervision-bancaire/rapports-statistiques-2/

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Banque de la République d'Haïti (BRH)