Latest articles from World

Japan: not yet out of the woods

January 5, 2004

The government’s rescue of Ashikaga regional bank illustrates that, while Japan’s economic outlook has improved, there are still areas of concern.

HSBC takes local stake

January 5, 2004

After a long-term presence in India, HSBC has surprised everyone by buying into the local banking sector in an apparent strategic shift, writes Kala Rao in Mumbai.

Jordan makes best of it despite regional turmoil

January 5, 2004

Surrounding countries may be in turmoil but Jordan’s banks are laying expansion plans that include Iraq, as Rupert Wright reports from Amman.

Cameroon’s refreshing wind of change

January 5, 2004

Helena Frith Powell talks to Paul Fokam, chairman of Afriland First Bank. He outlines how the bank intends to become a leader on the continent, while remaining relevant to Africans and working to reduce levels of poverty.

Islamic Bank of Britain launch imminent

January 5, 2004

The financial sector is finally catching up with the demand for Islamic banking services. This year hopes to see the ground-breaking establishment of the IBB, which will cater to UK Muslims while also hoping to attract business from further afield.

Spanish behemoths court their clients

January 5, 2004

Spain’s two banking giants both suffered loss of market share after recent mergers. SCH’s Enrique García Candelas and BBVA’s Julio López talk to Karina Robinson about their new client-focused strategies, designed to gain lost ground.

Smart moves in the developing world

January 5, 2004

South African company Aplitec saw a gap in the payments market and devised a cheaper alternative to the EMV standard. Stuart Theobald explains how this upstart company has stolen a march on the global card giants.
Smart cards have heralded a technical revolution in payments systems across the globe. But the industry smart card standard Europay Mastercard Visa (EMV) is not without its challengers. One that has caught the attention of Visa particularly is a small South African IT company called Aplitec.

Moscow tests multi-service smart card for added value

January 5, 2004

The Moscow Social Card is being used as a pilot to measure the added value of dual interface smart card technology, combining credit/debit and social payments applications on a single card. Wendy Atkins reports on the scheme.

The sacred and the mundane

January 5, 2004

Javier Valls, chairman of Banco Popular Espańol, tells Karina Robinson about the strategy he and his brother Luis are using to ensure the bank remains successful and efficient.

Support Putin or face a return to the bad old days

December 2, 2003

Western investors should back President Putin in his battle with the
oligarchs, who are likely to block any reforms that would harm their
own interests.

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