2018 in Review: Banking Sector

12.21.2018 By Claudia Medrega

Record profitability, continued consolidation and restructuring, improvement of portfolio quality following sales of nonperforming loans, and lending rebound. 2018 came with a new inflation rise, as well as the continuation of the trend to raise interests on the interbank market, and the central bank resumed the monetary policy tightening cycle after a decade, raising the key rate three times to 2.5% in its battle with inflation.

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Keywords:
2018 in review
, banking
, sector