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.
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 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.
Toronto Dominion Bank, the country’s largest bank by assets, saw its holdings of core capital increase by 41% between 2016 and 2020.
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%.
Return on equity at TBC Bank, the country’s largest lender, almost halved in 2020.
Banco de Costa Rica, the second-largest bank by assets, increased allowances for loan losses by 28% year-on-year in 2020.
Mizrahi Tefahot Bank, the country’s third largest lender by assets, saw its mortgage book expand by 24% year on year in 2020.
The first nine months of 2021 show the highest totals on record, but are now showing signs of slowing.
Danske Bank, the country’s largest lender by Tier 1 capital, saw return on equity drop to 2.7% in 2020.
At Ardshinbank, the country’s second largest bank by assets, net interest income rose 20% last year.
Low-risk lending to wealthy customers has helped maintain asset quality during the pandemic.
Leading banks significantly increased loan impairment provisions last year, ahead of a projected rise in bad loans this year.
Access Bank, the country’s largest lender by total assets, saw ROE fall from 16% in 2019 to 14.1% in 2020.
KCB Group, the country’s largest lender by Tier 1 capital, saw its non-performing loan ratio rise to 15% in 2020.