Mongolia's recently elected deputy finance minister, Khurelbaatar Bulgantuya, tells Stefania Palma how the country will finance a $2bn budget deficit before the end of the year.
Latest articles from Stefania Palma
The irresistible rise of Chinese fintech
September 1, 2016China's fintech industry has grown at a rapid pace, in some cases leaving established tech giants of the West behind. Having cracked the domestic banking market, top Chinese fintech firms are already eyeing insurance and looking beyond the country's borders to continue their rapid ascent. Stefania Palma reports.
Asia struggles to pick a path to capital markets integration
August 1, 2016Asia has been working on a capital markets union for almost two decades. Why is this process challenging? And is it fair to draw parallels between the Asian and European experience? Stefania Palma reports.
Indian banks retain appetite for post-Brexit UK
August 1, 2016Traditionally strong in the UK, some Indian banks – such as SBI and Yes Bank – are setting up new operations of becoming subsidiaries and focusing on the retail market, and they are not letting the UK’s decision to leave the EU affect their plans.
Swift dips into China with CIPS
July 1, 2016Financial messaging provider Swift’s memorandum of understanding with China’s Cross-border Inter-Bank Payment System could greatly facilitate cross-border renminbi payments, as Stefania Palma discovers.
Chinese banks join rush to IPO
July 1, 2016As bad debt piles up and assets bases grow, Chinese banks are keen to tap equity markets to top up on capital. But why are some doing better than others in the IPO market? Stefania Palma investigates.
Top 1000 World Banks – Chinese banks go from strength to strength
June 29, 2016Unprecedentedly, ICBC, China Construction Bank, Bank of China and Agricultural Bank of China are all in the top five banks by Tier 1 capital worldwide. But the good news does not end there for Chinese banks, with many putting in a strong performance further down the ranking.
Top 1000 World Banks – A more positive picture for Japan's banks
June 29, 2016Almost all the leading Japanese lenders have moved up the ranking thanks to strong growth in Tier 1 capital, while its three mega-banks continue to dominate the country ranking.
Top 1000 World Banks – Taiwan and India make their mark in Asia-Pacific
June 29, 2016Australian banks maintain a firm grip on the top four places in the Asia-Pacific (excluding China and Japan) rankings, while new entrants from Taiwan and climbers from India make their mark.
Chinese banks make retail push
June 16, 2016As China’s economy slows and corporate debt swells, the country’s banks are turning to retail as a new source of growth. Who is jumping on the bandwagon, and how will banks tap into China’s enormous mass market? Stefania Palma reports.