Thursday, October 25, 2018

Smallest banks have highest growth in assets. Loans to customers surge 59 percent


Consolidated assets of the country's smallest banks soared 31.4 percent year-on-year to $3.19 billion in 2017, mainly driven by a sharp increase in loans, according to Bilanbanques, a report issued by Bankdata Financial Services.

This group of banks, dubbed 'Delta', includes 21 banks with deposits of less than $200 million each. Most of them are investment and specialized banks as well as some local subsidiaries of foreign banks.


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