The Bolivian Private Banks Association (ASOBAN) reported a 27% (USD 1.1 bln) decline in foreign currency deposits in Q1 2024, compared to the previous year, while local currency deposits increased by USD 1.08 bln. Total deposits grew modestly by 2.4% YoY. The increase in non-performing loans to 3.3% highlights rising credit risk, marking the highest level in 15 years.