Resilience gained through the painful post-global financial crisis restructuring has helped Portugal’s banks emerge from the pandemic with stable capital ratios, improved asset quality and ample liquidity.

Mário Centeno, governor of Portugal’s central bank and former finance minister, speaks to Peter Wise about the resilience of the Portuguese banking sector and the challenges ahead.

Turkey’s economy is suffering, with critics claiming the situation is being exacerbated by government policy.

Mugur Isarescu, governor of the National Bank of Romania, speaks to Kit Gillet about the pandemic, key recent developments for Romania’s banking sector and the outlook for the period ahead.

For eastern European economies like Romania, the unsettled times continue. The pandemic took hit economic growth and now the war in nearby Ukraine, coupled with high energy prices and rising inflation, could lead to renewed challenges. 

The US Federal Reserve has a full agenda as it engages in battle with rising inflation. 

Last year was the most profitable year on record for Romanian banks, but this year is set to be different.

The president of the EBRD, Odile Renaud-Basso, on the bank’s support for Ukraine following its invasion by Russia.

As Asian governments ease lockdown measures and reopen borders, a group of regional economists share their thoughts with The Banker on how the region has been affected over the past two years and which sectors are in the most need of additional support for recovery. 

The Spanish banking sector has rebounded strongly from the pandemic, posting strong results for 2021. However, uncertainties remain over inflationary pressures and the evolution of interest rates.