The money network:

The money network:

Why crowdfunding threatens traditional bank lending

China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

March 2008

FYROM: Banks attract second wave of FDI

The financial services sector in the former Yugoslav Republic of Macedonia looks set to remain a magnet for foreign direct investment thanks to growing economic and political stability.


After attracting an initial wave of investment in the 1990s from such institutions as National Bank of Greece and Slovenia’s Nova Ljubljanska Banka, FYROM is now seeing a second wave of entrants in the banking sector as a result of accelerating economic growth and personal incomes as well as the prospect of Nato and EU membership. This year, GDP is forecast to come in at a record 6.5% level, and gross average monthly incomes have passed the €500...


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