The chief executive of Kuveyt Turk Participation Bank on its new digital initiatives and the outlook for Islamic banking in Turkey.
Access Bank, the country’s largest lender by total assets, saw ROE fall from 16% in 2019 to 14.1% in 2020.
The FCA has over-reached on a number of occasions and has then had to backtrack.
KCB Group, the country’s largest lender by Tier 1 capital, saw its non-performing loan ratio rise to 15% in 2020.
Regulatory efforts in the UK and Europe to encourage diversity and access to cash could have an impact on institutions’ operating models.
The country’s two largest banks saw gross total loans increase by about 37% between 2016 and 2020.
Riding on wings of strong economic growth, 6750 financial services and fintech jobs were created in Vietnam in 2018. However, momentum slowed in the past two years and has not yet recovered.
The application that wouldn’t die is still the finance industry’s go-to spreadsheet option.
The south-east Asian country was one of the fastest-growing economies in the world prior to Covid-19.
As the debt-laden Chinese developer stands on the brink of collapse, the fallout poses risks across the financial system.
Banco de Crédito e Inversiones, the country’s largest lender, saw return on equity drop to 8.2% last year from 10.6% in 2019.
The territory’s largest lender, Butterfield Bank, posted a loan-to-deposit ratio of 39% last year.
Russian banks almost doubled their profits in the first half of the year, but risks are increasing.
The Hang Seng Index has been the worst-performing stock market in Asia this year amid concerns over anti-sanctions law.
The country’s largest bank by assets, Banco Mercantil Santa Cruz, saw pre-tax profits slump 60% year-on-year in 2020.
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.
Nigeria and Egypt make a strong showing in this year’s Top 100 African Banks ranking.
Equity markets in the Middle East are waking from their slumber as oil prices rise.
After a period of decline and delisting for the region’s exchanges — apart from Saudi Arabia — hopes are now high of a rebound.