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Financial system profits plummet by 58%

Profits in the financial system plummeted by 58% in 2020 amid the COVID-19 pandemic. According to data provided by the country’s financial authority (ASFI), profits fell from $328.6m in 2019 to $137.9m in 2020. This is the largest decline in 13 years.

Source: La Razón

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Posted on Feb 1, 2021 by asouvironPosted in Macroeconomy/Finance

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