Brazilian Development Bank wants to finance more projects with a lower level of disbursements; local capital markets seen as better bet than banks to help BNDES step back.
Newly acquisitive Itaú's earnings have been remarkably resilient
Bigger footprint should drive revenues as well as earnings
The region’s political highlight of 2017 went well.
Lack of regional liquidity cited as reason for NY IPO listings; strong pipeline in Brazil being dominated by more traditional companies.
While growth forecasts for Brazil for 2018 are turning optimistic, a few – a surprisingly small number in fact – are warning about a growing downside risk for next year: a negative hit from a persistent drought.
Tinkoff Mobile targets middle class with premium service; Sberbank offers free package to cut telecoms bill.
For the banking industry, 2017 was a time of trying finally to resolve issues of the past and avoid new mistakes, yet dig beneath the surface and it was also 12 months of intrigue and, sometimes, farce.
Primary issuance back to 2013 levels; private-sector names prove popular with investors
A pair of multibillion-dollar bank bailouts in under a month has roiled Russia’s banking sector and raised questions about the regulator’s competence – Dmitry Tulin, the central bank’s new head of banking supervision, insists such criticism is misguided.
Anyone trying to keep track of attitudes to cryptocurrencies among Russian policymakers could be forgiven for feeling a trifle dizzy going into December.
Sanctions and regulatory scrutiny stymie sales; western subsidiaries surge back to profit.
India receives global attention for its digital innovation as a tool of financial inclusion, but it couldn’t get off the ground without a unique non-profit institution charged with creating the infrastructure.
News broke last week of an intriguing insolvency petition in India: under the new Insolvency and Bankruptcy Code, high-profile disputes are now commonplace, but what’s interesting here is it pits a Chinese policy bank against an Indian private-sector corporation.
Recapitalization bonds will repair balance sheets; next step will be writing off bad loans
India’s biggest fintech has doubled its user base in a year and is on track to have 500 million customers by 2020.
Asia’s disparate markets and economies have found common ground in the widespread adoption of digital technology.
Singaporean bank adds to Indian franchise, but profitability of new ventures remains some way off.
The opening up of the Chinese financial sector to majority foreign ownership is an important and strategic move, but the guidelines curtailing banking sector liberalization make it look like one step forward, two steps back.
The Chinese Ministry of Finance successfully completed its second offshore renminbi bond auction, but poor investor demand for the offering raises questions about the future of the CNH bond market.
With NPLs under control, focus must be on sustainable growth
Internationalization is starting to pay dividends in performance
Forget the impression that China’s banks are out-dated and too traditional – they are rapidly embracing the importance of technology and often partnering with the country’s disruptors to modernize their products, services and business performance.
Analysts’ confidence that there is untapped demand from Chinese banks to trade offshore RMB is good news for R5, which last week announced a joint venture with Shanghai Clearing House designed to connect these institutions to the London FX market.