The Superintendent of Banks, Rafael Camilo, has announced that due to the Letter of Intent signed with the International Monetary Fund (IMF), the nation’s savings and loan companies, finance companies and development and mortgage banks will all come under closer scrutiny from the superintendence. Camilo reported that as from 8 June all of the nation’s S&L would begin to undergo inspections to assess whether there are any credit risks and to look at deposit levels.