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?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

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Skip Navigation LinksHome :: Azeri banking: The foreign factor

May 2010

Azeri banking: The foreign factor

If Azerbaijan lacks foreign banks, it also lacks foreign bankers. Yet a pair of outsiders from very different backgrounds have ended up running two of Azerbaijan’s leading banks.


Emre Timurkan, the Turkish chief executive of AFB Bank, is a career investment banker who until the middle of last year was head of Citibank’s coverage of Turkey, Central Asia and the Caucasus based in Canary Wharf. He had been coming to Azerbaijan since 2006 and was hugely impressed by both the Azeri culture and the potential of...


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