Arab Spring: What revolution means for Arab banks

Already, India’s government has been shaken by anti-corruption protests, which the Arab Spring in some ways inspired. But as with Eastern Europe in the 1990s, political and economic transition is not without severe disruption. At the height of the protests in Egypt, bank branches faced mile-long queues of depositors. Looking back, bankers in Egypt did well to avert a wholesale collapse of the system. But the recent resignation of Egypt’s finance minister, Samir Radwan, after only six months in the job, doesn’t bode well for policy consistency.