Banco de Costa Rica, the second-largest bank by assets, increased allowances for loan losses by 28% year-on-year in 2020.
Mortgages at Israeli banks rise amid ongoing house price boom
October 25, 2021Mizrahi Tefahot Bank, the country’s third largest lender by assets, saw its mortgage book expand by 24% year on year in 2020.
Banks drawn to possibilities on the Ethereum blockchain
October 22, 2021As a decentralised open-source blockchain with smart-contract functionality, Ethereum holds enormous promise for the financial services industry.
ROE continues to fall at Danish banks
October 21, 2021Danske Bank, the country’s largest lender by Tier 1 capital, saw return on equity drop to 2.7% in 2020.
G-SIBs emerge from pandemic in good shape but new risks loom
October 20, 2021The top 30 global systemically important banks’ diversification and scale helped them contend with Covid-19, but technological disruption poses a bigger challenge.
NII continues to grow at Armenian banks
October 20, 2021At Ardshinbank, the country’s second largest bank by assets, net interest income rose 20% last year.
Tier 1 capital jumps at Liechtenstein's banks
October 19, 2021Low-risk lending to wealthy customers has helped maintain asset quality during the pandemic.
Philippine banks ramp up impairment provisions
October 18, 2021Leading banks significantly increased loan impairment provisions last year, ahead of a projected rise in bad loans this year.
World
/ Americas
/ El Salvador
El Salvador’s bold bitcoin experiment yet to convince banks
October 15, 2021Bitcoin is now legal tender in the Central American nation, but banks are keen to keep cryptocurrency off their balance sheets.
Double whammy hurts Nigerian banks’ ROE
October 15, 2021Access Bank, the country’s largest lender by total assets, saw ROE fall from 16% in 2019 to 14.1% in 2020.
