Banco de Crédito e Inversiones, the country’s largest lender, saw return on equity drop to 8.2% last year from 10.6% in 2019.
Americas
Latest articles from Americas
Bermudan banks maintain liquidity despite pandemic
October 7, 2021The territory’s largest lender, Butterfield Bank, posted a loan-to-deposit ratio of 39% last year.
Bumpy ride continues for Bolivian banks
October 6, 2021The country’s largest bank by assets, Banco Mercantil Santa Cruz, saw pre-tax profits slump 60% year-on-year in 2020.
Banks’ AML travails suggest a tough road ahead for cryptoassets
September 29, 2021Time will tell as to what extent regulators impose stringent anti-money laundering requirements on cryptocurrency operations.
Bad loan risks rise at Panamanian banks
September 22, 2021MMG Bank Panama saw its non-performing loan ratio rise to 12.8% in 2020.
The slow march of gender diversity on US bank boards
September 22, 2021Despite women now making up a majority of total bank employees in the US, men significantly outnumber women in senior executive positions.
SEC warns Coinbase over proposed yield product
September 20, 2021The US Securities and Exchange Commission has threatened to sue the crypto exchange Coinbase if it launches its planned lending product.
BTG Pactual outperforms Brazilian peers
September 1, 2021BTG Pactual showed good profitability, as Brazil dealt with its worst year in decades
Banco de Bogotá takes Colombian performance prize
September 1, 2021Banco de Bogotá outperformed its peers and has grown at a faster rate than the leader, Bancolombia.
Morgan Stanley leads as US banks feel profit squeeze
September 1, 2021Morgan Stanley takes the lead, but on its heels are two more traditional lenders.