EMEA Finance Magazine - December-January 2012
emeafinance Magazine: December-January 2012
This might hurt
The end of the euro crisis could be in sight, although not in the sense that many politicians would like, according to the UK’s Centre for Economics and Business Research.
In January its chief executive, Douglas McWilliams, put a 60% chance on one or more countries leaving the eurozone during 2012 and a 99% chance on it breaking up entirely within the next 10 years. A drama that started in Greece over levels of leverage and has since dragged in banks and governments from across the region could conceivably blow the single-currency project apart.
In profile: Banque du Caire's Mounir El Zahid
In an exclusive interview with EMEA Finance, Mounir El Zahid discusses the challenges he has faced during his first months in charge of Egyptian lender Banque du Caire.
2011 in review: Debt markets
Last year will be remembered for debt-driven disasters, but the deals that succeeded deserve recognition too, writes Tim Burke.
2011 in review: Equity markets
Stock markets had a rocky 2011, but the braver executives took their companies into the storm and survived, writes Tim Burke.
2011 in review: Islamic finance
A queue of new issuers – including Western banks – kept the sukuk market busy in 2011, writes Mark Dunne.
Securities clearance: Get your house in order
New securities regulation will reshape the landscape for Europe’s clearing houses – and open new business opportunities for some firms, writes Liz Salecka.
Making the connection
In the final column in a series exploring topical treasury and transaction banking issues, BNY Mellon’s Dominic Broom explores the internationalisation of the Chinese renminbi (Rmb) and what this means for corporates and banks in the EMEA region.
Morocco: New beginnings
The country has welcomed a new government and a new period of growth for its equity market. Mark Dunne reports.
Hungary: Too brittle, too late
Even with IMF assistance, the country’s economic anguish will not easily be overcome. Tim Burke reports.
Dubai: A year of living dangerously
The emirate has to find US$15bn this year in order to refinance its public debts. Growing financial uncertainties in Europe and the US have made that task harder, writes Mark Dunne.
Putting the 'go' in Angola
The country’s lenders have expanded rapidly in recent years. In a country that remains under-banked, there’s no reason for them to stop now. Tim Burke reports.
Russia: In good company
It took 18 years but Russia has finally joined the World Trade Organisation, a move that’s key to Vladimir Putin’s plans to boost the economy. Mark Dunne reports.
Middle East Banking Awards 2011
Our coverage of this year’s winning institutions from across the region.
