Fitch recently revised Rwanda’s outlook to negative from stable amid concerns about rising public sector debt.
Triple threat: shadow banking, big tech and China’s megabanks
August 5, 2021As commercial lenders look beyond the pandemic, three fast-growing sectors represent new risks.
House price boom exposes New Zealand banks to risks
August 3, 2021Economic risks facing banks in New Zealand are rising because of soaring house prices over the past 12 months.
Spanish banks plan further branch closures to boost profitability
July 30, 2021Over the past 10 years, almost 21,000 branches have closed in Spain. By comparison Germany has closed 14,000, while Italy has shuttered 10,000.
World
/ Africa
/ South Africa
South Africa’s banks count costs of unrest
July 30, 2021Looting and arson forced the closure of hundreds of branches and caused widespread damage to ATM infrastructure.
UK deal boosts Nairobi’s position as financial hub
July 29, 2021Closer ties with the City of London likely to encourage further fintech investment into Kenyan capital.
E-commerce strategies boom as banks look to diversify
July 28, 2021As low rates squeeze margins, lenders are leveraging tech to expand into a range of non-core digital services.
Unrest in Tunisia adds to pressure on domestic banks
July 28, 2021Uncertain political situation after president sacks prime minister likely to affect the operating environment for Tunisian banks.
Global banks step up Hong Kong investment on closer China ties
July 27, 2021Citigroup, Standard Chartered and HSBC bet that new opportunities in mainland China will outweigh damage to Hong Kong’s status as a global financial centre.
UK banks’ outlook steady amid bumpy operating environment
July 23, 2021Bank profitability forecast to improve in the near term on the back of a decline in provisions after a pandemic-related spike in 2020.
