The European Central Bank is undertaking a major project to ensure the internal models used by eurozone banks work properly. A useful spin-off could be to tackle the Basel Committee on Banking Supervision’s scepticism over their use, as Justin Pugsley reports.
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Microfinance is coming to the rescue in Myanmar as the country’s nascent capital markets struggle to meet its funding needs. Nikkei staff writer Yukako Ono reports.
Though Singapore’s ‘big three’ continue to take the top spots in The Banker’s Top 100 Asean Banks ranking, the more notable performances come from lenders in Cambodia, Vietnam and Indonesia. Stefania Palma reports.
The left-wing coalition government of Portuguese prime minister António Costa has silenced critics with what has so far been an effective financial policy. Now it must convince the ratings agencies and Portugal’s international creditors. Peter Wise reports.
Once one of the standard bearers for the travails of the eurozone, Portugal appears to be in the early stages of a recovery, one in which its revitalised banks are playing a leading role – albeit heavily backed by foreign investment. Peter Wise reports.
The chief executive of Portugal’s Novo Banco, António Ramalho, tells Peter Wise why 2017 will be the final year in its search for a controlling shareholder, and how he is easing the burden of non-performing loans.
As the Asian Development Bank celebrates its 50th anniversary, president Takehiko Nakao talks to Stefania Palma about the organisation’s achievements, future objectives and approach to the effects of geopolitical risk on the region.
Kuwait enjoys a stable economy and respectable GDP, but as government attempts to transform the country into a regional hub for commerce and finance begin to affect its citizens, will opposition parties derail planned reforms? James King reports.