HSBC’s new head of international banking, Tony Mahoney, tells emeafinance’s editor Julian Evans the bank is ready for a “substantial move” into Central & Eastern Europe (CEE).
Boosted by a wave of reforms and foreign investment, Turkish banks are confident that they can weather the current climate of slowing growth and rising interest rates and resume their rapid growth. Of course, there will be winners and losers. And privatisation is still to come, writes Bernard Kennedy in Ankara.
Mauritian banking group AfrAsia could soon enter Kenya, chief executive officer James Benoit tells EMEA Finance.
The group has been approached by several institutions keen to strike a deal and the CEO expects to reach an agreement this year.
In preparation for continued expansion, the group has made several new appointments, hiring bankers from global names including Standard Chartered and Standard Bank.