The Kazakhstan government is strongly promoting the development of Islamic finance in the country to diversify its financial sector, with strong support from Abu Dhabi. Writer Philip Alexander
World
Latest articles from World
Clearing and settlement remains a barrier to Australian competition
May 28, 2010The much-anticipated competition in Australia's cash equities markets is finally taking hold, but hopeful new entrants may yet be stymied by the challenges presented by the clearing and settlement infrastructure. Writer Elton Cane
A tough call
May 28, 2010Regulators are intent on reforming the role that derivatives play in bankruptcies, with the aim of preventing a future AIG or Lehman Brothers. But some are warning that, without a direct ban of these controversial financial instruments, this will be no easy task. Writer Suzanne Miller
Nomura's William Vereker on the bank's expansion plan
May 28, 2010Nomura is making an audacious bid to turn itself into a global investment bank, and its co-head of global investment banking is happy with the progress made so far. Writer Geraldine Lambe
Will a new business model reinvigorate the credit card industry?
May 28, 2010Troubled since 2005, the UK credit card industry has been suffering a severe test of profitability. But credit card issuers are hoping to rejuvenate the industry by moving to a more convenience-focused, sustainable and transparent business model.
Treasure seekers
May 5, 2010Côte d'Ivoire's huge unbanked population makes the country an attractive target for both local and foreign banks. With the west African nation's banking sector on the verge of a consolidation process, those left standing will be well placed to tap into this enormous potential. Writer Nick Kochan
A thoroughly modern exchange
May 5, 2010Although the Bourse Regionale des Valeurs Mobilieres may only boast a limited number of quoted companies at present, it is fully up to date with the latest technology and legislation, which is likely to attract growing interest going forward. Writer Nick Kochan
BCEAO works to recapitalise region's banks
May 5, 2010The governor of the Banque Centrale des États de l'Afrique de l'Ouest, Philippe-Henri Dacoury-Tabley, outlines his monetary policy to increase capital and maintain stable inflation levels. Writer Nick Kochan
Côte d'Ivoire's reforms make headway
May 5, 2010Côte d'Ivoire's minister for economy and finance, Charles Koffi Diby, has effectively steered the country through the global credit crisis and, as he tells The Banker, his reform policies are beginning to bear fruit. Writer Nick Kochan
The elephant stirs
May 5, 2010The optimism over Côte d'Ivoire's economic prospects is well placed. Despite continued political instability, inflation is being kept in check, the economy is growing and the restructuring of the country's debt has been widely praised. Writer Nick Kochan