Sovereigns in the Middle East and Africa need to diversify their funding sources to replace their lost commodity revenues, and some may turn to Islamic finance in 2017.
Investment & Corporate Banking
The banking system in Cyprus was plunged into chaos at the beginning of the decade, but heavy restructuring and aggressively tackling non-performing loans is helping lead the country’s lenders out of the wilderness.
Slowing growth has undermined Sub-Saharan Africa’s attractiveness for banks and investors, but Mauritian banks are picking up a bigger share of a smaller business