The Puerto Rico banking industry reached a pre-tax ROE of 20.2% in the first half of 2022. Since 2018, local banks have outpaced their US peers in terms of profitability thanks to the continuous reduction of loan delinquency, their higher interest margin, and the effective management of operating expenses in an environment of low economic activity.
La banca múltiple alcanzó un ROA antes de impuestos de 2.23% en 2021, similar al del período pre pandemia, siendo soporte fundamental para ayudar a la economía dominicana a reponerse del impacto de la crisis sanitaria.
The Puerto Rico banking industry reached a pre-tax ROE of 22.6% in 2021, the highest since 2004. There is an unprecedented level of liquidity in the market, with deposits growing by 32% between 2019 and 2021.
Throughout history, government administrations have faced complex economic and social crises. These challenges hinder their ability to provide an adequate public service to its citizens, which is their primary purpose.
Natural Language Processing (NLP), a subfield of linguistics, computer science, and artificial intelligence, can be used to extract valuable insights for any company with large amounts of unstructured data like audio files (e.g., customer calls) and text documents (e.g., interviews notes).
The Puerto Rico banking industry reached a pre-tax ROE of 22.5% in the Jan-Sep 2021 period driven by three factors: 1) Higher leverage levels, 2) Higher operational efficiency, and 3) Lower provision expense.
Tan solo un año y medio después de declarada oficialmente la pandemia a nivel global la economía dominicana, en términos generales, se encuentra encaminada hacia la total recuperación.
En nuestra sección especial, hacemos un análisis del impacto en la cartera de crédito de la Banca Múltiple de las medidas de Banco Central de la República Dominicana ante el COVID-19.
Total banking assets increased by 12% in the first half of 2021 driven by higher private and public deposits. The lending business has remained stable in the past years with a very dynamic auto financing compensating for the decreasing mortgage, commercial, and consumer credit portfolios
The PR Banking sector reached a Pre-Tax ROE of 20.9% in Q1 2021, the highest profitability level since 2004. There is excess liquidity in the banking system, part of which is likely to be deployed to lending activity as the local economy takes off.