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LATEST ARTICLES
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Corporate responsibility is at the heart of what National Bank of Bahrain (NBB) does. It is hard to find worthy projects, causes and charities that the Manama-based lender is not involved in funding and furthering.
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The $15 billion merger that created Saudi National Bank is tipped to kick-start a cycle of consolidation in the Kingdom’s banking sector.
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Uche Orji is approaching 10 years as head of the Nigeria Sovereign Investment Authority, a sophisticated institution segregated into three very different funds. Covid spurred a year of outstanding market returns, but now Orji’s focus is on domestic infrastructure before he steps down next year.
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African banks have enviable growth prospects, but fintech and regulation are forcing them to look beyond their core businesses.
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Hitesh Anadkat has spent the last 25 years building an African SME banking empire from scratch from his base in the Malawian city of Blantyre. His FMB Capital Group now also has operations in Zimbabwe, Mozambique, Zambia, Mauritius and Botswana; and he is looking to gain market share in them all.
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Norway pulls out of West Bank-linked companies; Mubadala and Temasek invest in tech and energy.
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The surprise exit of Absa chief executive Daniel Mminele in April, only 15 months into the job, shows how much the South African group is still finding its way in the post-Barclays era. Mminele – Absa’s first black CEO – was seen in some quarters as losing a power struggle against an overwhelmingly white executive team. Can the next chief executive gain the authority to drive Absa’s revival?
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Years of tough but successful IMF-led reforms have put Egypt in a great place to rebound strongly from Covid. Its future will be shaped by big infrastructure projects and by a plan to transform the nation into a powerhouse of green finance.
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The country’s model of financing relentless consumption from dwindling oil revenues is under attack from all sides. Covid-related credit relief has hit the banks’ bottom lines and they are joining the call for diversification.
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The UAE was already a fintech pioneer but Covid turned it into a leader. Banks and government agencies are furiously rolling out blockchain-backed services that do everything from seamless KYC checks to detecting fraud in supply chain financing.
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The Israeli fintech grew fast through the pandemic turmoil. As it prepares a full launch in the US, it will be listed on Nasdaq, but not through an IPO.
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A corporate restructuring is one of the final steps in readying Tadawul for an IPO this year. CEO Khalid Al-Hussan says the moment for listing is almost at hand.
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Ever since the launch of Vision 2030, housing has been a key priority for Saudi Arabia. Along with the home building has come a vibrant mortgage market, the formation of a secondary liquidity provider and the building blocks that will lead to a new securitized asset class in global markets.
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Outwardly different, Singapore and Dubai have transformed themselves into international wealth management hubs, overseen by clear-minded regulators. They are now starting to compete for business with Europe’s far older private wealth centres.
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Whether doing a branch network tour or complying with regulation, Bank of Saint Helena boss Josephine George has a job that is like few other bankers’ anywhere.
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Banque du Caire was on the cusp of completing a $500 million listing in London and Cairo last year when Covid hit. Its chairman Tarek Fayed meets Euromoney to talk about investing in people and digital – and why he still wants to complete a slimmed-down stock sale when conditions allow.
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Emerging markets have regained some of the buoyancy lost during the early months of the coronavirus crisis, but analyst opinions hint at the difficulty of identifying which EM currencies investors should favour.
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As Lebanon’s dollar reserves disappear, time is running out. Central bank governor Riad Salamé’s tweaks to the banking sector will have little effect and commercial bankers’ attempts to resurrect dollar inflows sound deluded. Is recovery possible without a change in financial leadership?
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Fears over greenwashing claims have often dissuaded issuers from the Middle East from entering the sustainable bond markets. That could be set to change.
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Donald Trump reversed a deal that would have brought Iran back into the international fold. Now Joe Biden intends to reverse Trump’s reversal. Does that mean good times ahead for Iran’s banks?
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If you want to see what a strong economic and financial recovery might look like in 2021, you’ll find it in Dubai.
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The pacts will normalise relations between Israel and the UAE, but it aims to do much more. The potential for regional détente and investment across real estate, energy and technology is great.
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FAB’s status as a national champion means it is even better positioned after Covid-19 to facilitate regional growth.
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There are interesting titbits on Africa, private debt and renewable energy at the Abu Dhabi sovereign wealth fund.
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The rand is back to pre-pandemic levels despite little confidence in the South African government’s ability to revitalize its economy.
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The Public Investment Fund is unrecognizable from the sleepy vehicle it was until 2015. More risk has led to some bad investments, but the crown prince says overall returns are good. Can they stay that way?
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The BRICS economies, which between them represent 40% of the world population and 32% of its GDP, are a powerful force for the private banking industry as their economic engines drive wealth creation. But they are all distinct markets with their own unique opportunities and challenges.
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As Gulf banks grapple with squeezed margins, low interest rates and over-banking, Egypt offers the opposite: high interest rates, low lending penetration and a largely unbanked population. It is no surprise that domestic and regional buyers are now circling.
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The Egyptian bank is to launch a digital bank as Covid-19 accelerates the government’s push for a cashless society.
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Bankers see huge opportunities on both sides as Israel signs historic agreement with UAE and Bahrain.