Hakainde Hichilema hopes to stabilise the economy with an IMF bailout and encourage foreign investment.
Argentina’s volatile outlook adds to bank challenges
August 16, 2021Return on equity at the country’s leading lenders has fluctuated in recent years due to a volatile economic environment.
Norway’s banks in good shape as economic outlook brightens
August 13, 2021The central bank is widely expected to start raising rates at its meeting in September.
World
/ Western Europe
/ UK
UK mulls pros and cons of scrapping bonus cap
August 13, 2021Critics argue that a cap on bankers’ bonuses is ineffective and outdated, but the issue remains controversial.
Steady Guatemalan banks navigate Covid-19 fallout
August 12, 2021The country’s largest banks have sufficient capital to absorb larger credit losses resulting from the pandemic.
HAPS underpins improving asset quality at Greek banks
August 11, 2021The NPL ratio at National Bank of Greece and Eurobank Ergasias has dropped sharply in the past few years.
Brazil sees fintech FDI outperform financial services
August 11, 2021Covid-19 has dampened investment into Latin America’s largest country, but the fintech space has remained buoyant.
Solid French banks start to look beyond pandemic
August 10, 2021As Covid-19 support measures are phased out, lenders have the capacity to manage exposures and limit loan losses.
Economic woes mount for Thailand’s banks
August 9, 2021As Covid-19 hammers the country’s vital tourism sector, SMEs and low-income households may struggle to service debt.
Singapore leads in cleaning up the crypto industry
August 6, 2021The regulator’s ‘in-principle’ approval of a cryptocurrency exchange is part of a global push to tackle fraud and scams in cryptoassets.