Latest articles from Peter Wise

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From despair to dividends: how Portugal's banks brought good news to Europe

June 3, 2019

After a tough few years, the banking sector in Portugal is back on track, paying dividends on profits, and gathering steam for future growth. 

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Portugal’s economy moves from neutral to first gear

June 3, 2019

Portugal’s economy has successfully turned a corner, surpassing its potential growth rate. However, economic imbalances persist. 

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Mozambique's banks swim against the tide

October 1, 2018

Banks in Mozambique are finding ways to thrive amid a period of low economic growth. Peter Wise looks at how they are remaining profitable in such an environment.

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Mozambique’s economy awaits a gas-powered revival

October 1, 2018

While waiting for its liquid natural gas projects to start paying off, Mozambique continues to fight a budget deficit and political instability. Peter Wise reports.

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Angola banks maintain profitability amid hopes of speedier reforms

September 3, 2018

Angola knows it must diversify away from oil and is lucky to have alternative possibilities waiting in the wings. But it is slow going, say the country's banks.

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Angola finance minister forecasts imminent return to growth

September 3, 2018

Angola’s finance minister talks to Peter Wise about diversifying the economy away from oil, tackling a shortage of foreign exchange and lifting economic growth.

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Can Angola’s new business-friendly government kick-start the economy?

September 3, 2018

Change is coming to Angola’s formerly state-focused economy, including anti-corruption and pro-business measures.

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Portugal’s banks prepare for next wave of challenges

May 1, 2018

Having emerged from bailout and recession, Portugal's banks are gearing up to contend with digitalisation, further regulation and tougher competition in a still-crowded market. Most of them are relying on decent levels of growth, capitalisation and provision for bad loans to see them through, as Peter Wise reports. 

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Portugal CBG looks to tackle NPL and fintech conundrums

May 1, 2018

Carlos da Silva Costa, Portugal’s central bank governor, talks to Peter Wise about the country’s priorities, which include further reduction of bad loans and improving profitability, while tackling forthcoming challenges such as an ageing population.

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Portugal's coalition shows alternative to austerity

May 1, 2018

Portugal’s left-wing government has not only surprised observers with its stability and popularity, the coalition some called a geringonça, or contraption, has overseen the country’s move from bailout recipient to credit rating star. But, as Peter Wise reports, there is still work to be done.

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