The reform of Libya's stock market to make it more accessible to both foreign and domestic investors is widely expected to usher in a new era for a country whose economy was previously dogged by sanctions. Stephen Timewell reports.
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Steady road to reform
August 30, 2010Libyan banks withstood the worst of the global financial crisis and the country's banking sector is forging ahead with its planned expansion, reports Stephen Timewell.
Farhat Bengdara
August 30, 2010The governor of the Central Bank of Libya tells Stephen Timewell how a major overhaul of the national bank is playing a critical role in driving government plans to improve the efficiency of Libya's economy and promote the private sector.
Libya eyes a world stage
August 30, 2010Having emerged relatively unscathed from the global downturn, Libya is working hard to attract foreign investors, promote tourism and diversify its economy. Stephen Timewell reports.
Cajas shrug off stress test failure
August 30, 2010Despite five of Spain's savings banks featuring among the seven institutions to fail the EU stress tests, the surprising results can be seen as a positive turning point in the cajas' 200-year history, with reform, consolidation and new access to foreign capital likely to strengthen their vaults. Writer Jules Stewart
China dominates Asian IPO pipeline
August 30, 2010Despite leading the global economic recovery, the Asia-Pacific region has proved a bumpy market in which to get deals done. In the long term, however, ECM bankers expect a slew of major listings aligned to broader China growth. Writer Michelle Price
Opening up Renminbi possibilities
August 30, 2010The Linklaters-advised Hopewell Highway Infrastructure Eurobond has broken open the market for Chinese corporates issuing in renminbi outside China, paving the way for a full interbank market in renminbi in Hong Kong.
Eyes east
August 30, 2010As uncertainty continues to dog Western markets, Asia-Pacific financial centres are seizing their opportunity and increasingly drawing business away from their more established rivals. Michelle Price reports.
Frankfurt: Regulatory centre of excellence
August 30, 2010Already home to many of the main European regulatory bodies, Frankfurt's financial centre offers the experience and stability to play a key role in helping Europe shape the future of its financial sector, says Dr Lutz Raettig.
Kyrgyzstan's banks are under pressure
August 30, 2010Persistent violence in the south of Kyrgyzstan, combined with the interim government's fears about capital flight, are placing heavy pressure on the country's banking sector. Writer Philip Alexander