Financial services and fintech investment had picked up following a 2016 pact with left-wing rebel group Farc.
Bank of Taiwan, the country’s largest lender by assets, saw its holdings of core capital rise by two-thirds between 2016 and 2020.
Surge in profits driven by pandemic rebound and M&A bonanza unlikely to last, say analysts.
Despite the Covid-19 pandemic, return on equity remains above 20% at three of the country’s four largest banks.
The four largest banks in the country have seen a steady increase in mortgage holdings over the past five years.
Leading institutions still provide low visibility on how climate change may affect their performance.
Gross total deposits at the two largest banks in Uruguay have increased 10-11% over the past five years.
Pre-tax profits at three of the four largest banks in the country have been falling since 2017.
Banco de Occidente Honduras, the fourth-largest bank in the country by assets and Tier 1 capital, saw its bad loans ratio rise to 8.6% in 2020.
The rapid growth of the buy now, pay later industry during the pandemic points to irreversible shifts in consumer behaviour.
The country’s economy is heavily dependent on commodities, leaving the banking sector susceptible to fluctuations in commodity prices.
National Bank of Kuwait, the largest bank in the country, saw return on assets fall to 0.87% in 2020.
Forrester’s annual predictions report forecasts an array of new digital offerings next year and that regulators will get tough on ESG classifications.
Financial services and fintech investment surged in 2019, but the onset of Covid-19 led to a drop-off in projects in 2020.
Toronto Dominion Bank, the country’s largest bank by assets, saw its holdings of core capital increase by 41% between 2016 and 2020.
Authorised push payment fraud has soared during the pandemic and banks are battling to find solutions.
Two of the four largest lenders in the Gulf country posted a loss last year.
Arab Bank, the country’s largest lender, saw bad loans increase to 6.8% of its total loan book in 2020, while Jordan Islamic Bank, the fourth-largest bank by assets, saw its NPL ratio drop to 2.6%.
India’s mobile payments market is forecast to grow 41% annually and be worth more than $2bn by 2024, fuelling a surge in fintech start-ups gaining unicorn status.
Return on equity at TBC Bank, the country’s largest lender, almost halved in 2020.
