An analysis of profitability of banks, however, reveals that profitability of foreign banks is higher than that of other bank groups. Though their share of total assets of the banking system stands around 7 percent, foreign banks account for close to 12 percent of profits of SCBs.
DLT is a focal point in FinTech as its perceived opportunities are the key motivation for market participants, infrastructure providers and central banks to explore the technology. In our reflections around DLT, we need to bear in mind that the possible impact of DLT depends on how market players ultimately decide to embrace it.