Euromoney Limited, Registered in England & Wales, Company number 15236090

4 Bouverie Street, London, EC4Y 8AX

Copyright © Euromoney Limited 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Emerging Markets

all page content

all page content

Main body page content

LATEST ARTICLES

  • China Construction Bank is not alone among the country’s big four banks to claim it changed its lending policy before the rise in bad debts. But in chairman Wang Hongzhang, CCB has a leader who thinks differently.
  • With growth hard to come by elsewhere in Credit Suisse’s global network, CEO Tidjane Thiam has turned to Asia. He has given Asia Pacific chief Helman Sitohang not only tough targets, but also a degree of autonomy. Can he deliver?
  • Hakan Binbasgil has built Akbank into one of the most impressive financial institutions in the emerging markets. Can he keep the bank on track?
  • The Hezbollah International Financing Prevention Act (HIFPA), a US law aimed at blocking Hezbollah’s access to the financial sector, has caused weeks of commotion in Lebanon, where the central bank’s decision to implement the rules has led to tension between the country’s banks and the Lebanese Shi’ite group. For the first time since the law’s implementation in Lebanon, the instigator of HIFPA, US congressman Ed Royce, reacts to the situation in the country.
  • A US law to curb Hezbollah’s access to finance has caused weeks of turmoil in Lebanon, where the rules were quickly implemented, and even exceeded, by a financial sector eager to avoid US sanctions. The explosion of a bomb outside the Beirut headquarters of the country’s second-biggest bank, Blom Bank, this summer has been even interpreted as a warning signal to bankers to not apply US regulations too zealously.
  • Who comes out best and worst from the DoJ report into 1MDB?
  • Asian banks are increasingly proving themselves to be much more than just volume-hungry lenders.
  • A list of winners of Euromoney’s Asia Awards for Excellence 2016, as well as detailed citations for all of the winners, is available here
  • Results index As the number of wealthy individuals in Africa increases, one bank is there to help them whether their needs are domestic, across the continent, or international – Standard Bank, this year’s best bank for wealth management. It operates in 20 countries within Africa; the private bank serves clients that earn more than R1 million a year, while its wealth management division services clients with potential investable assets of $1 million or more.
  • Results index Few institutions have true scope in sales and trading in all important asset classes in Africa. One bank that does is Standard Bank, winner of our inaugural best bank for markets award.
  • Results index Reaching small and medium-sized enterprises and supporting them with advice and financing from inception through every stage of their development is a key part of banking in Africa. Due to its long commitment to Kenyan SMEs and to its innovative way of supporting them, Equity Bank is the worthy winner of our best bank for SMEs in Africa award. Over the past year, the bank managed to greatly expand its offering, both geographically and numerically.
  • Results index This year’s winner of best bank in Africa is the first east African bank to be awarded that distinction, Kenya’s Equity Bank, led by James Mwangi. While present in relatively few markets compared with pan-African giants such as Ecobank, the institution has repeatedly demonstrated that it is a role model for how banking should be done on the continent.
  • Results index Nigeria’s economy has struggled over the past year. The country’s new president Muhammadu Buhari has had to deal with the financial impact of low oil prices, systemic corruption and the terrorist group Boko Haram. But one Nigerian bank, Access Bank, has continued its long-term transformation from small financial institution to big player, despite the odds, winning our best bank transformation award this year.
  • Results index Chapel Hill Denham may be largely focused on Nigeria, but in that market it has shown the breadth and quality of its advisory offering. For that reason, the bank deserves to win this year’s African advisory award.
  • They might not like to admit it, but the decline in commodities prices could be just the impetus that the regions’ investment banks, and their capital markets, need.
  • Results index Africa’s home-grown banks are growing in strength across the whole continent, pushing back the previous dominance of the international institutions. Ecobank’s growth marks a success story of Africa’s growing need for transaction banking services and makes it a deserved winner of our award this year. In 2012 the bank took the decision to separate its transaction banking business and since then it has expanded in strength and reach.
  • From retail and investment to emerging market banking, regulatory technology is redrawing the global financial map. Data is the new capital, ideas are the new risk.
  • Results index Last year’s winner of best equity house and best investment bank in Africa, Citi, this year returns to win our new award for financing. The bank, which has long had a strong presence in Africa, is one of the few able to offer a comprehensive range of products throughout most of the continent. Last year it certainly showed that it could deliver on that offering.
  • Results index In a year of real hardship for its home country, during which South Africa’s finance minister declared the economy “in crisis”, Rand Merchant Bank (RMB) nonetheless performed well and succeeded in dethroning Citi to claim the best investment bank in Africa award.
  • Results index The African banking sector has invested heavily in digital services to its clients and is among the most advanced in the world in that area. One bank stands out, however, having tripled its e-business income over the past year, Guaranty Trust Bank (GTBank).
  • A list of winners of Euromoney’s Africa Awards for Excellence 2016, as well as detailed citations for all of the winners, is available here
  • Results index Many banks in Africa donate part of their profits to charitable organisations. But few go beyond these pecuniary donations to dedicate their time and financial skills in support of the social good. Ecobank is one of the exceptions. The pan-African bank sets aside 1% of its profits after tax to supporting the initiatives of its social projects arm, the Ecobank Foundation, it also supports the fight against pandemics in Africa using skills and talents unique to banking. For those reasons, it wins best bank for corporate social responsibility.
  • BBVA's diversification drive across new retail markets and its mobile banking push reveal a global emerging market institution to be reckoned with
  • It’s steady as she goes at Citi, as the universal bank maintains unrivalled cross-border market share and product complexity
  • Euromoney Country Risk
    The borrower’s prospects are still failing to improve, despite decent GDP growth, as political and structural concerns preoccupy the risk experts.
  • Wednesday’s decision by MSCI to delay membership for Chinese A-shares in the MSCI Emerging Markets Index serves a number of purposes.
  • The rouble has enjoyed a strong start to the year, shrugging off underlying weakness in the Russian economy, leading the CBR to hike rates by 50 basis points on Friday.
  • Brazil might develop a more mutually beneficial equities market, but history suggests it won’t.