The country’s largest lender, Attijariwafa Bank, saw return on equity drop to 6.8% last year from 12.9% in 2019.
In 2011 Vietnam had just eight banks in The Banker’s Top 1000 World Banks ranking; this has doubled to 16 in 2021.
Standard Chartered Bank Bangladesh saw net interest income decline 12% year-on-year to $179m in 2020.
Bank Negara Indonesia saw its non-performing loan ratio increase from 2.3% in 2019 to 4.2% last year.
Vacancies are driven by growing demand for environmental consultants, data compliance experts and diversity specialists.
The recent rise in the oil price bodes well for the country’s financial sector.
Banque Misr saw an 84% increase in Tier 1 capital last year amid a limited economic impact of Covid-19 compared with other countries.
The National Bank of Oman saw return on equity fall to 3.4% last year from 9.3% in 2019.
The small Mediterranean country’s reliance on tourism-related activities led pre-tax profits to tumble last year at leading lenders.
Iceland’s largest banks were re-established in 2008 and rebuilt their holdings of Tier 1 capital ahead of the pandemic.
MMG Bank Panama saw its non-performing loan ratio rise to 12.8% in 2020.
Despite women now making up a majority of total bank employees in the US, men significantly outnumber women in senior executive positions.
French banks' in The Banker’s Top 1000 World Banks ranking outperform German rivals.
Bank Austria saw return on equity drop from 8.37% to 0.18% year-on-year in 2020.
Poland’s largest bank, PKO Bank Polski, saw pre-tax profits slump 109%.
Leading lenders saw net interest income increase despite tricky economic conditions.
Financial services foreign direct investment rose in 2020 despite the pandemic and has remained robust this year on the back of generous state support.
Pre-tax profits slumped at leading lenders last year as the country’s heavily indebted private sector struggled with the pandemic.
The NPL ratio at Bank of Cyprus, the country’s largest lender, fell from 41% in 2016 to 12.4% last year.
The consolidation drive is expected to continue into 2022, with domestic deals taking the lion’s share of activity.