Gulf banks looked to consolidate positions via mergers in the Top 100 Arab Banks ranking while Egypt displayed robust profitability.
Standard Bank Group chief executive Sim Tshabalala on how the Covid-19 crisis is accelerating the adoption of digital banking services.
With cash falling out of favour as a result of Covid-19, the global remittances industry has seen a surge in digital transactions, improving the reach of the sector while also lowering costs.
Saudi Arabia’s banks have held their ground for 2020’s Top 1000, despite slumping oil prices. John Everington reports.
Nigeria’s top five banks rose the latest ranking and Zenith Bank posted a 16% jump in Tier 1 capital.
Standard Bank came top in Africa as well as South Africa, but lost ground in the Top 1000 ranking.
Tenets of Islamic finance have similar aims to ESG investing and crossover is growing.
The Banker’s Islamic Bank of the Year Awards shows a fast-growing sector prior to pandemic.
Oil exporters have been hit with a double whammy as global demand collapses.
The head of Saudi Arabia's National Development Fund explains how the fund intends to support national businesses in the face of the Covid-19 crisis.
Saudi Arabia's Vision 2030 economic overhaul is being put to the test by the coronavirus pandemic.
Saudi banks, confident of surviving the crisis-driven lockdown, are speeding up their digital capacity and looking to support clients.
Egypt’s minister of planning and economic development talks to The Banker about stabilising the economy and attracting foreign investment.
Kuwait Finance House's chief executive discusses the acquisition of Ahli United Bank and fintech’s threats and opportunities.
Central Bank of Kuwait governor Mohammad Y Al-Hashel talks to John Everington about identifying credit growth and the likelihood of further consolidation.
The Banker looks at how Kuwait is preparing to survive falling oil prices and the Covid-19 crisis.
With an eye to attracting foreign investment, Kuwait is pushing ahead with reforms to the regulation of corporate conduct.
While Kuwait does have a financial bulwark against the financial challenges caused by the reduction in oil prices and the coronavirus, it is not limitless – meaning it may have to look again at its abandoned reforms.
Kuwait and other OPEC members are considering an agreement with non-OPEC countries to reduce supply – but is this likely?
Kuwait has made strong moves towards improving its capital markets – but the coronavirus pandemic may well put a brake on this progress.