Stable government is creating an atmosphere of confidence in Colombia. Now it needs its free trade agreement with the US ratified. Writer Jane Monahan.
World
Latest articles from World
Asia banks increase global role
October 6, 2008Asian banks have avoided the worst of the credit crunch and shown steady economic growth. China is predictably the big winner, accounting for 41 of the Top 200 and dwarfing India’s aggregate sum. Writer Stephen Timewell.
Margarito Teves
October 6, 2008The impact of the international slowdown on the Philippines economy has been more severe than expected, but revenue collections are on track and overseas remittances remain strong, says the Philippines finance secretary.
Amando Tetangco
October 6, 2008Despite the international credit crunch, banks in the Philippines grew lending by 24% in the first half of 2008 and asset quality continues to improve, says the Bangko Sentral ng Pilipinas (BSP) governor.
Success sullied by risk of exposure
October 6, 2008Total assets among Russia’s banks have posted robust growth in excess of 50% and there have been some structural improvements, but banks remain vulnerable to sudden changes in the health of the national economy and are looking decidedly over concentrated. Writer Stephen Timewell.
Building momentum
October 6, 2008New state funds and laws are allowing Russia’s ailing infrastructure to catch up with its fast-growing economy. The Banker hears from some of the key players in a $1000bn market. Writer Philip Alexander.
Turkey shines a light in the dark
October 6, 2008Turkey is defying the onset of recession across Europe by reporting hefty profits and robust growth – although foreign investment is getting harder to come by. Writer Metin Demirsar.
Easy credit blows away
October 6, 2008Portugal’s businesses have had to adjust to the financial climate change as the credit crunch makes itself felt, leaving simple funding a thing of the past. Writer Peter Wise.
An uphill climb for credit in Portugal
October 6, 2008Global jitters and the escalating cost of financing have forced Portuguese banks to drastically alter their credit model. Writer Peter Wise.
Merger fever hits Germany’s big five
October 6, 2008The Dresdner and Postbank deals look like big news and might increase competitiveness, but what effect will they really have on the German banking landscape? Writer Michael Marray.