Indonesia’s finance minister Agus Martowardojo was The Banker’s Finance Minister of the Year 2012, global and Asia-Pacific. He explains the economic polices behind the country's impressive growth.
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Rwandan banks seek to boost profitability amid high growth
March 1, 2012Rwanda’s banks have benefited from the country’s rapid development since its genocide less than 20 years ago. With a high unbanked population and expectations of continued near double-digit economic growth, their rise is unlikely to slow soon. But the banks will have to boost their efficiency quickly if they want their profitability to match that of other east African lenders.
Global banks go back to basics
March 1, 2012Investors appear to have lost confidence in diversified cross-border banking models, forcing banks to decide what they do best.
Libyans play economic waiting game
March 1, 2012Amid the celebrations to mark the first anniversary of Libya's revolution, strong economic leadership of the country is yet to emerge.
Valuation and structural issues keep Brasil Travel from listing
February 13, 2012Brazilian tourism company Brasil Travel Turismo e Participacoes has withdrawn its plans for an initial public offering (IPO) on the Brazilian stock exchange, leaving uncertainty as to when IPO activity in the country will resume again.
Brasil Travel re-opens Brazilian IPO market
February 7, 2012An initial public offering by Brazilian tourism company Brasil Travel Turismo e Participacoes will bring an end to the six-month IPO drought on the Brazilian stock exchange.
Europe's real crisis is one of democracy, not debt
February 1, 2012A return to economic growth in Estonia shows that it is possible to benefit from eurozone membership, even amid Europe's financial crisis. But governments must first acknowledge the limits of what the state can do.
Will aircraft pfandbriefe take international flight?
February 1, 2012The creation of a new class of pfandbrief backed by aircraft loan collateral is set to take off in 2012, and given the reliability of this type of covered bond, this could arouse particular interest from outside its domestic German market.
Keep a balanced view on Hungary
February 1, 2012The international community should not use the threat of financial ruin to overrule Hungary's democratically elected government.
Using a sledgehammer to crack a nut
February 1, 2012In response to a request from the European Commission, a recent consultation paper from the European pensions body looks at ways the proposed Solvency II directive for insurers could be applied to occupational pensions. Many in the industry see far more problems than solutions in its application
