Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Taiwan Stock Exchange  >  First Financial Holding Co., Ltd.    2892   TW0002892007

FIRST FINANCIAL HOLDING CO., LTD.

(2892)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Colombia banks' client growth highest in nearly 7 yrs with govt COVID aid

share with twitter share with LinkedIn share with facebook
10/14/2020 | 01:27pm EDT

BOGOTA, Oct 14 (Reuters) - The number of Colombians opening their first financial account rose in the first half of 2020 by the most in nearly seven years, as the government handed out billions in aid and subsidies during the coronavirus lockdown, it said on Wednesday.

Some 1.62 million new clients joined the financial system between January and June, taking the total number of banked Colombians to 31 million, the government's Banca de Oportunidades financial inclusion program said in a statement.

Colombia, with a population of about 50 million people, imposed a quarantine of more than five months to stem the spread of coronavirus, shuttering businesses and sending unemployment soaring.

More than 920,000 Colombians have tested positive for coronavirus and over 28,000 have died as a result.

About 85.9% of Colombians had access to the financial system as of June 30, the statement said, compared with 82.5% at the end of 2019. That growth in financial system access was the largest since 2013.

Welfare payments and Value Added Tax reimbursements for poorer Colombians were key to the expanded use of financial products, Banca de Oportunidades director Freddy Castro said.

"In parallel, many people began to use their financial products more or opened one in response to the circumstances created by COVID-19," he added.

The percentage of men with at least one financial product reached 87.7%, with women tailing at 82.2%, the statement added.

Digital products, especially savings accounts, grew the most during the first six months of the year.

(Reporting by Nelson Bocanegra; Writing by Julia Symmes Cobb; Editing by Richard Chang)


share with twitter share with LinkedIn share with facebook
All news about FIRST FINANCIAL HOLDING CO., LTD.
10/14Colombia banks' client growth highest in nearly 7 yrs with govt COVID aid
RE
08/27FIRST FINANCIAL HOLDING CO., LTD. : half-yearly earnings release
08/19NEWS HIGHLIGHTS : Top Financial Services News of the Day
DJ
08/19NEWS HIGHLIGHTS : Top Financial Services News of the Day
DJ
08/07FIRST FINANCIAL HOLDING CO., LTD. : 3% Stock Dividend
FA
08/07FIRST FINANCIAL HOLDING CO., LTD. : Ex-dividend day for final dividend
FA
07/23FIRST FINANCIAL : FFHC Announced Ex-dividend Date as August 7th, 2020
PU
05/25FIRST FINANCIAL HOLDING CO., LTD. : quaterly earnings release
2019FIRST FINANCIAL HOLDING CO. LTD. : 1% Stock Dividend
FA
2019FIRST FINANCIAL HOLDING CO. LTD. : Ex-dividend day for final dividend
FA
More news
Financials
Sales 2020 56 516 M 1 974 M 1 974 M
Net income 2020 16 809 M 587 M 587 M
Net Debt 2020 - - -
P/E ratio 2020 14,8x
Yield 2020 4,36%
Capitalization 261 B 9 086 M 9 102 M
Capi. / Sales 2020 4,61x
Capi. / Sales 2021 4,44x
Nbr of Employees 9 792
Free-Float 79,6%
Chart FIRST FINANCIAL HOLDING CO., LTD.
Duration : Period :
First Financial Holding Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FIRST FINANCIAL HOLDING CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 7
Average target price 19,16 TWD
Last Close Price 20,30 TWD
Spread / Highest target 13,3%
Spread / Average Target -5,62%
Spread / Lowest Target -16,3%
EPS Revisions
Managers
NameTitle
Lin Chien-Hao Chairman & President
Cheng Pin Li Head-Finance & Accounting
Hsieh Hsiu-Chen Vice President & Head-Information Technology
Yi Hsin Wang Director
Tien Yuan Chen Director
Sector and Competitors