Efforts by Indian banks to sort out non-performing assets and laws to protect creditors’ rights have made the lending climate more favourable, reports Kala Rao.
World
Latest articles from World
Economic engineers
July 4, 2005The slow pace of legal and regulatory reform is a recurring frustration across all sectors of the economy but is only one piece of a bigger puzzle.
Impressive progress keeps hopes high
July 4, 2005Afghanistan has many issues to resolve, such as security, a poor infrastructure and over-reliance on aid. But when you consider the recent strides that have been made, the country has reason for optimism. James Eedes reports from Kabul.
No let up in ambition
July 4, 2005Raiffeisen International has been highly successful in entering new markets in central and eastern Europe and it now has plans for dramatic organic growth in Russia, CEO Herbert Stepic tells Stephen Timewell.
Another chance to tap a promising market
July 4, 2005A second round of consolidation and privatisation has begun in Romania’s banking sector, offering attractive propositions for growth. Matei Paun reports.
Banking on Russia 2005
July 4, 2005Following a year of ups and downs in the Russian economy, The Banker’s conference on May 11 attracted a good crowd, interested in the latest developments, reports Gerry O’Kane.
Banks pile in to join Baltic boom
July 4, 2005Ben Aris reports on the banking sector surge in Estonia, Latvia and Lithuania, spurred on by EU accession and foreign interest in the market.
A cause for celebration
July 4, 2005
DEPFA has gone from strength to strength since it split from the Aareal mortgage bank and moved to Dublin. Jan Wagner reports from Frankfurt and Dublin on the most profitable bank active in Germany today.
Germany’s mortgage banks have been partying recently. In May, Eurohypo held a bash to celebrate the 10th anniversary of the “Jumbo Pfandbrief”. Since its introduction, the high-volume Jumbo has spawned a €600bn European market.
As the market leader, Eurohypo and its peers whooped it up. Attractions included plenty of champagne and an elephant installed in front of the Frankfurt stock exchange. Another Pfandbrief conference, replete with champagne, was hosted in June.
Too much of a good thing?
July 4, 2005The UK’s Financial Services Authority has set the template for regulation around the world but it has recently come in for criticism from politicians and market players for overdoing the red tape. How justified are the claims? asks Nick Kochan.
China’s growth marks new economic era
July 4, 2005
China has entered a new cycle of growth and is willing to integrate further into the world economy, contributing to the greater global good, according to Jin Renqing, the Chinese finance minister.
The politician was speaking at a presentation to mark his acceptance of The Banker’s Finance Minister of the Year, Asia award in London early last month. Mr Jin outlined the latest macroeconomic developments in his home nation and revealed Chinese efforts to maintain a stable economic outlook.