Ms. Juliet Morris of International Banker interviews Ms. Nahla Khaddage Boudiab, COO of AM Bank on Lebanon’s banking sector, AM Bank’s success and her role within the World Union of Arab Bankers.
Abu Dhabi, capital of the UAE, is rich in oil but suffers from underuse of its own human resources. Abu Dhabi’s commitment to rebalancing away from oil will be underpinned by improvements in financial education, exemplified by a new academy launched by Abu Dhabi Global Market in partnership with the London Institute of Banking & Finance.
The expression “What goes around comes around” applies to banks, but in a positive way, especially when they support the small businesses in their communities by increasing access to capital. OPIC can testify to such a phenomenon in the West Bank, which witnessed an economic turn-around at many levels following the US development-finance institution’s loan guaranty to a small-business-lending facility Middle East Investment Initiative.
Many analysts commend Lebanese banks on their superstar performance in an economy crippled by political and social instability. Yet, scrutiny of those banks’ loans portfolios reveals that they are not heavily focused on providing investment loans, which would spur long-term growth. I
Just as HSBC’s global head of foreign-exchange cash trading in London was about to fly out of New York’s Kennedy International Airport on the evening of Tuesday, July 19, he was arrested by US federal officials.
There is much rhetoric around the opportunities provided by emerging markets. And there is plenty of discourse around the fact that banks are de-risking and retreating from such areas. The fact of the matter is that some regions of the world are riskier to operate in.
The best banking institutions in retail, commercial, private and investment banking are highlighted along with the two outstanding CEOs from their regions.
The best banking institutions in retail, commercial, private and investment banking are highlighted along with the two outstanding CEOs from their regions.
As the nations of the GCC (Gulf Cooperation Council) region in the Middle East experience economic development and growth so the demand and development of the private-banking sector progresses significantly. Wealth-service professionals and investment managers have identified the development opportunities of the region, and this is
Nowhere on the planet has the same amount of potential for growth as Africa. Penetration, in terms of banking for the continents’ one billion inhabitants is varied, not only from country to country but also city-to-city. Countries like Somalia, Sudan, and Tanzania have virtually no access to banks, while other countries like South Africa offer world-class facilities in its main cities while 67% of the population is still unbanked.
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