The National Bank of Oman saw return on equity fall to 3.4% last year from 9.3% in 2019.
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Maltese banks reel from Covid-19 tourism slump
September 24, 2021The small Mediterranean country’s reliance on tourism-related activities led pre-tax profits to tumble last year at leading lenders.
Icelandic banks: a tale of two crises
September 23, 2021Iceland’s largest banks were re-established in 2008 and rebuilt their holdings of Tier 1 capital ahead of the pandemic.
Bad loan risks rise at Panamanian banks
September 22, 2021MMG Bank Panama saw its non-performing loan ratio rise to 12.8% in 2020.
French and German banks' fortunes diverge
September 21, 2021French banks' in The Banker’s Top 1000 World Banks ranking outperform German rivals.
Austria’s banks face up to ROE slump
September 20, 2021Bank Austria saw return on equity drop from 8.37% to 0.18% year-on-year in 2020.
Mortgage exposures weigh on Polish banks
September 16, 2021Poland’s largest bank, PKO Bank Polski, saw pre-tax profits slump 109%.
High rates boost net interest income at Turkish banks
September 15, 2021Leading lenders saw net interest income increase despite tricky economic conditions.
Ghosts of European debt crisis linger over Portugal’s banks
September 14, 2021Pre-tax profits slumped at leading lenders last year as the country’s heavily indebted private sector struggled with the pandemic.
Securities services revenues remain flat despite strong equity markets
September 13, 2021Declines in net interest income and other factors have suppressed revenue levels at the industry’s largest banks.