Latest articles from Jules Stewart

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Bad times increase merger activity among Spain's cajas

September 2, 2009

The collapse in Spanish property prices and the rise in loan defaults and toxic assets has left the cajas - the 45 mutuals responsible for more than half of the country's mortgage lending - staring consolidation in the face in a bid for survival. Writer Jules Stewart

Mohammed Al-Hussein

April 7, 2009

Syria's financial services sector reforms of 2004 have had a beneficial effect on the economy, as the country's finance minister explains. Writer Jules Stewart

Off to a flying start

April 7, 2009

The foreign banks that have entered Syria's newly liberalised banking market are enjoying early success. Writer Jules Stewart

Riad Salameh

March 10, 2009

The governor of Lebanon’s Central Bank explains how strict regulation has ensured domestic banks have plenty of reserves to fall back on during the crisis.

Lebanon reaps the benefits of caution

March 10, 2009

A recent history of political turmoil has taught Lebanon to manage its risk carefully. Domestic banks’ highly conservative approach has not only helped insulate them from the crisis but means they are now attracting funds from local depositors who have lost confidence in foreign institutions. Writer Jules Stewart.

Spanish banks hold firm

February 2, 2009

Banco Santander’s capital raising last November was unexpected but investors responded surprisingly well. While Spanish banks have largely managed to avoid the fallout of the subprime crisis, the government is taking measures to ensure that any further global setbacks only have a minimal impact upon the country. Writer Jules Stewart.

Crisis? What crisis?

April 7, 2008

BBVA is in an enviable position for 2008, having had no involvement with subprime assets. Jules Stewart talks to president and COO José Ignacio Goirigolzarri.

Spain hopes for a soft landing

April 7, 2008

Spanish banks are tightening up their strategies in preparation for a global slowdown says Jules Stewart.

Walking a crisis tightrope

April 7, 2008

Spanish banks appear to have survived the credit crunch relatively unscathed. However, as Jules Stewart reports, the country’s current account deficit and reliance on foreign markets is causing concern among some commentators.

Lenders remain buoyant amid political waves

January 2, 2008

Bolivia’s banking sector is thriving on the back of a strong economy, despite fears of a political clash with the leftist government of president Evo Morales. Jules Stewart reports.

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