Latest articles from World

Espirito Santo crisis highlights continued struggle in periphery

Banking sector performance in crisis countries

The crisis at Portugal’s Banco Espirito Santo has raised fresh doubts about the recovery of banks in the peripheral eurozone.

Nicholas Wilson

Qatar Investment Fund chairman puts out the international welcome mat

Qatar Investment Fund is overcoming the traditional hurdles to investment in Qatar, allowing investors to tap the country’s stellar growth, its chairman tells James King.

UAE and Qatar move up the investment status ranks

Having been upgraded from frontier to emerging market status by Morgan Stanley Capital International, Qatar and the United Arab Emirates are certain to see increasing levels of investor interest, but they are also likely to be confronted with some new challenges.

Libyas banks face an uphill battle
From World / Africa / Libya

Libya's banks face an uphill battle

Awash with hydrocarbons and boasting a highly liquid banking sector, Libya's potential is vast. However, continued political and social unrest, combined with the dominant position of state-owned banks, mean that the country's private sector banks have numerous obstacles preventing them from realising this potential.

Streamlining Bank of Georgia

Bank of Georgia may be sitting comfortably as the largest bank in the eastern European country, but it is not resting on its laurels, with plans to divest some of its acquisitions to focus on its core banking business. 

Mozambique CBG strives for financial sophistication

Central bank governor Ernesto Gove is bullish about Mozambique’s economic prospects, but acknowledges that the banking sector and capital markets need to be developed for the country to truly benefit from its energy boom. 

CDB president prepares for future storms
From World / Americas

CDB president prepares for future storms

The financial crisis hit the Caribbean hard, with the region only recently starting to recover. Now that the worst is over, the president of the Caribbean Development Bank is looking to build a more sustainable future, encouraging projects that minimise the effects of natural disasters and develop the region's renewable energy potential.

Goldman opens access for Nigerian banks
From World / Africa / Nigeria

Goldman opens access for Nigerian banks

Investors are willing to diversify into African corporate debt, despite emerging market volatility, as was proved by Goldman Sachs' $400m Tier 2 transaction for Access Bank.

Mozambique stands on the brink of economic transformation

Mozambique’s recently discovered gas and coal reserves have turned it into one of Africa’s brightest prospects. However, plenty of reforms will be needed before its riches trickle down to the poorest parts of the population.

John Rwangombwa
From World / Africa / Rwanda

CBG focuses on keeping Rwanda steady

Rwanda’s macroeconomic performance over the past decade has been impressive, and the central bank governor says that developing the country’s bond markets is crucial to ensuring that remains the case.

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