In choosing their next leader, Indians are essentially having to choose between economic and political stability, with neither of the two major candidates likely to satisfy on both scores.
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After years of neglect, the Iraqi banking sector offers promise once again. Mobile banking, trade finance and infrastructure financing opportunities are proving attractive to existing lenders and the wave of new entrants looking to break into the market. But, before the tide can finally turn, there are regulatory issues that need addressing.
The Vatican has acknowledged that it needs to reform its bank, the Institute for the Works of Religion, but carrying out this task is not easy, given that the lender's image has been severely tarnished by a series of scandals.
In a career that has spanned more than 50 years, Ibrahim Dabdoub has transformed the National Bank of Kuwait from a small local player into a global force. Now that he has chosen to step down from his position as chief executive, The Banker reflects on the legacy that he will leave behind.
Islamic banking already has a strong presence in Kuwait. With a number of innovative lenders competing in the sector, and support and regulatory oversight from the country's central bank, it looks as though the industry can only become a more prominent fixture on the country's financial landscape.
Foreign banks currently account for less than 2% of the Chinese banking industry, but thanks to the country's vast retail market, growing asset management industry and M&A-hungry corporates, many global banks are positioning themselves to take a bigger share of the spoils.
In the three years since its bail-out, Portugal has impressed many onlookers with its efforts to turn its economy around. Now it is on track to make a clean exit from its rescue programme in May, but the question is will the progress made over the past three years continue?
Kuwait may lay claim to more than 5% of the world's total oil reserves, but without the expertise and equipment needed to tap into the bulk of this, and with strict rules prohibiting foreign help, the country is struggling to realise its energy potential.
Amcon, Nigeria’s resolution vehicle set up after its 2009 financial crisis, has made a lot of progress restructuring the billions of dollars of loans it holds. But its chief executive Mustafa Chike-Obi says its work will get harder and argues against calls for it to be wound down quickly.
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