Pakistan has decided to sell 51% of the shares of Habib Bank to the Geneva-based Aga Khan Fund for Economic Development (AKFED) for about $400m in one of the country’s biggest privatisation deals ever, writes Farhan Bokhari.
Latest articles from Analysis & Opinion
How Bush ruined a decade’s good work
February 3, 2004Jeffrey D Sachs, director of the Earth Institute at Columbia University, predicts a U-turn on tax cuts as George W Bush’s fiscal policy goes belly-up.
The sacred and the mundane
January 5, 2004Javier 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.
Europe must use a different mortgage model to Fannie Mae
January 5, 2004
Fannie Mae may be popular in the US but can this mortgage model cross the Atlantic? This month Geraldine Lambe analyses why Europe must choose a different approach.
Seventy-seven bank chairmen/chief executives from 77 different countries are bound to produce a variety of opinions and strategies.
US legislators likely to delay Basel II signing
January 5, 2004US concern over domestic banks looks set to put back the Capital Accord again, and may jeopardise hopes of a level playing field.
Turkey deserves recognition for hard-won success
January 5, 2004Turkey has come a long way in achieving stability in the past year, a fact that recent events threaten to overshadow.
Optimistic outlook tempered with reservations on regulation
January 5, 2004The Banker talked to bank chiefs around the world to get their predictions, hopes and concerns for the year ahead.
Taking care of business ethically must be priority for new year
January 5, 2004Banks have only themselves to blame for the burgeoning weight of regulation. It’s time to do some corporate spring cleaning.
Regime change in commodity markets
January 5, 2004Michael Lewis assesses the chances of continued strong commodity prices and links with the dollar.
Past lessons learnt, hope for the future
January 5, 2004
Henrique de Campos Meirelles assesses the achievements of the Lula administration in leading Brazil out of crisis.
Brazil is living through a time of hope, in which it is re-discussing its past and its present in order to create a new future. Today, it is clear that this new future may be quite different and much better than the one envisaged at the beginning of 2003.