Basel III is a set of internationally agreed measures that… Basel Committee on Banking Supervision developed in response to the 2007-2009 financial crisis, with the aim of strengthening bank regulation, supervision and risk management. The members of the committee are the central banks, which monitor compliance with the rules. Each country decides how to apply […]
Tag: banking sector
Huge profits from the banking sector. An increase of more than 280%.
The net financial result of the banks in the period January-September 2023 amounted to PLN 21.2 billion. This is an increase of 283.5%. per year – reported the Polish Financial Supervisory Authority. “The net financial result at the end of September 2023 amounted to PLN 21.2 billion. This result was PLN 15.7 billion (+283.5% y/y) […]
We know the financial results of banks. Profits for the entire sector increased by 200%.
From January to July, the banks’ net financial result amounted to PLN 14.7 billion, which represents an increase of 199.9%. per year – reported the Polish Financial Supervisory Authority. “The net financial result at the end of July 2023 amounted to PLN 14.7 billion. This result was PLN 9.8 billion (+199.9% y/y) higher than the […]
Banco Itaú wants to expand its presence on the Caribbean coast
One of Banco Itaú’s goals in Colombia is to continue to grow in the Caribbean coastal market, which currently represents 10% of its portfolio in the country. Baruc Sáez, president of Itaú Colombia, points out that the aim is to increase its market share, both in financial services to individuals and companies of various sizes. […]
Franco Abusada became Vice President of Investment Banking at Itaú
With over 15 years of industry experience, Franco Abusada took over as the new Vice President of Investment Banking at Itaú Colombia, a key segment in the business of the largest bank in Latin America by assets in the country. The executive will become part of the Investment Banking & Corporate Finance team, led by […]