Turkish banks are following the lead of the country’s vibrant export sector and expanding into new regional markets, but their strategies vary widely.

Hit hard by regulation and declining revenues, banks have been forced into scaling back their operations, leaving a gap that their non-bank counterparts have been quick to fill.

As China has moved to speed up the internationalisation of its domestic currency since the financial crisis, the UK has made no secret of its willingness to play a role in this process. But much work still needs to be done with regards to trade settlements between the two countries, as well as improving transport links and communications.

As Europe's banks come to terms with the economic impact of Basel III's rules on capital requirements, their demand for trade finance deals in Latin America through the International Finance Corporation has waned. But this leaves the door open to North American and Asian banks looking to increase their presence in the region.

The Czech Republic has proved that the Euromarket is not exclusive to core eurozone sovereigns by pricing the tightest deal in central and eastern Europe in February 2012.

Thus far, 2012 has witnessed a marked trend of corporates eschewing bank lending and turning instead to the debt capital markets. By acting quickly, the DCM team at SGCIB has put itself at the forefront of many of these deals.

Boutique investment bank StormHarbour was created in 2009 with the intention of reviving a more tailored and less conflicted approach to serving clients. The idea is attracting a growing number of heavy hitters.

Nigeria’s capital markets have yet to recover fully after crashing in 2008. But thanks to extensive reforms by its regulators and a strengthening of investor sentiment amid rapid economic growth, the country's stock exchange is expected to take off in the next few years, and some bankers think its capitalisation can reach $1000bn by as soon as 2016.