During the first half of 2021, the Central American country saw a significant increase in fintech investment on the back of accepting bitcoin as legal tender.
Latest articles from Databank
Poland leads in emerging Europe financial services FDI
December 6, 2021Poland is the top country for foreign direct investment in financial services and fintech projects in eastern Europe, followed by Lithuania and Romania.
Belarusian banks face challenging times ahead
November 30, 2021The growing humanitarian crisis at the Belarusian border has incurred additional EU sanctions, which will impact the country’s economic recovery.
Global payments revenues decline by 5%, but show signs of recovery
November 23, 2021Revenues in 2020 were hit by Covid-19, but not as severely as anticipated and are already showing signs of a bounceback.
Pandemic slows post-peace deal FDI flurry in Colombia
November 16, 2021Financial services and fintech investment had picked up following a 2016 pact with left-wing rebel group Farc.
Tier 1 capital continues to rise at Taiwanese banks
November 15, 2021Bank of Taiwan, the country’s largest lender by assets, saw its holdings of core capital rise by two-thirds between 2016 and 2020.
ROE dips at Ghanaian banks
November 12, 2021Despite the Covid-19 pandemic, return on equity remains above 20% at three of the country’s four largest banks.
Mortgages at Swiss banks rise as house prices jump
November 11, 2021The four largest banks in the country have seen a steady increase in mortgage holdings over the past five years.
Deposits rebounding at Uruguayan banks
November 10, 2021Gross total deposits at the two largest banks in Uruguay have increased 10-11% over the past five years.
Political uncertainty weighs on Sri Lankan banks’ profits
November 9, 2021Pre-tax profits at three of the four largest banks in the country have been falling since 2017.
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