Russia’s state-owned retail giant Sberbank issued its first Eurobond last month. The bank is the first to cash in on ratings agency Moody’s surprise decision to award a two-notch upgrade to the sovereign rating – taking Russia into investment grade territory.
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Peculiar powers for policing
November 3, 2003Jan Wagner reports from Frankfurt on the unique powers of the German financial regulator but finds that its approach has not prevented banking troubles.
Maltese at crossroads over euro vision
November 3, 2003Malta will be one of 10 states joining the EU next year. Michael Imeson reports on preparation in the financial sector, and the consequences that membership will bring.
Market booms
November 3, 2003
Foreign-owned bank expansion and strong economics are fuelling
the growth trend. Alice Brand reports.
CEOs with eyes on expansion
November 3, 2003The heads of the top three banks in Singapore tell Karina Robinson about their strategies for growth – three different routes to overseas expansion.
All uphill for foreign banks
November 3, 2003Despite the liberalisation of China’s banking system, in line with WTO guidelines, foreign banks still face major hurdles in operating profitably, says Louise do Rosario.
Crisis? What crisis?
November 3, 2003Political upheaval can translate into easy money for the financial sector – despite what the bankers might say, argues Jonathan Wheatley.
Safe spot for investment
November 3, 2003Monica Campbell reports from Mexico City on why investment bankers’ optimism has not been dented by the slumping economy and political frustration.
Gulf gets a retail boost
November 3, 2003While Gulf banks enjoy strong results, banks in non-oil countries have seen a drop in their profits. Stephen Timewell reports.
Bulls in a tight economy
November 3, 2003It is a wonder that Zambia’s banks survive, let alone make money, in a country where running costs are high, reports Gill Baker.