Ukrsotsbank is expected to pass into the hands of Italy’s Banca Intesa next year. Chairman Boris Tymonkin talks to Yuri Bender about the benefits for both sides.
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Microstate with macro ambitions
December 4, 2006David Lane reports on the tiny state of San Marino’s bid to take on the likes of Ireland and Luxembourg.
Sewing the seeds of global growth
December 4, 2006Bert Heemskerk, chairman of Rabobank, tells Stephen Timewell about the Dutch bank’s programme of overseas expansion with a food and agricultural bias.
AFRICA: STANDARD CHARTERED BANK
December 4, 2006With banks in nine countries across sub-Saharan Africa, Standard Chartered Bank has a formidable network that produced a number of strong performances in 2005. Of the continent’s 23 country awards, Standard Chartered managed to win a record five in Botswana, Cote D’Ivoire, The Gambia, Kenya and Sierra Leone.
MIDDLE EAST: AHLI UNITED BANK
December 4, 2006Ahli United Bank’s (AUB) focused regional growth strategy, strong performance and recent strategic acquisitions in Kuwait, Iraq and Egypt make it the most prominent regional player in the Middle East over the past year or more.
LATIN AMERICA: HSBC
December 4, 2006When HSBC announced its record-breaking $21bn pre-tax profit for 2005, it almost went unnoticed that the region that accounts for the smallest portion of the group’s bottom line was also the one that showed the strongest growth for the year.
ASIA: Standard Chartered Bank
December 4, 2006Nobody knows how to do business in Asia better than Standard Chartered. The bank has continued to prove its entrepreneurship in emerging markets thanks to exemplary management policies and a motivated multicultural staff.
Central and Eastern Europe: RZB/RAIFFEISEN INTERNATIONAL
December 4, 2006Austria’s RZB/Raiffeisen Inter-national (RI) continued to expand regionally, especially in the CIS, and continued to produce strong performances.
Russian derivatives go legit
December 4, 2006Russia’s futures trading went mainstream in June after the Duma passed laws to make it a bona fide business. Ben Aris reports on how banks are gearing up to play in this as yet plain vanilla market.
East Europe boom presents challenges
December 4, 2006Eastern Europe’s transformation, especially that of its financial sector, is unprecedented. Unsurprising then that the European Bank for Reconstruction and Development (EBRD) has made it the focus of its latest transition report.