MMG 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.
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.
Incentivising UAE’s fintech boom
September 15, 2021Financial services foreign direct investment rose in 2020 despite the pandemic and has remained robust this year on the back of generous state support.
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.
Cypriot banks make progress in tackling bad loans
September 1, 2021The NPL ratio at Bank of Cyprus, the country’s largest lender, fell from 41% in 2016 to 12.4% last year.
European bank M&A forecast to accelerate
September 1, 2021The consolidation drive is expected to continue into 2022, with domestic deals taking the lion’s share of activity.