The European Commission wants to redraw the map for the union’s finance markets. Some parties in Central and Eastern Europe are worried they’re being left out. Tim Burke reports.
There is real need for consumer credit, especially in regions such as CEE, where the risk appetite of banks is lower and fewer people have a credit history. Valued at around £1.1bn (US$1.7bn), London-listed consumer lending company International Personal Finance (IPF) has a growing presence in these markets and an appetite for further expansion.
In a market where space limits scale, local firms have needed to be ambitious and smart about how and where they work. Qatar is the smallest country in the Gulf Cooperation Council by area and population after Bahrain. Banks and companies alike have grown accustomed to looking beyond the borders and offshore for business. For newer banks like Barwa that’s meant pushing to win work on international deals such as the UK sukuk.
Since the conclusion of the political and economic crisis in 2010, Cote d’Ivoire has flourished in the debt market, more so even than other Sub-Saharan African countries that have benefitted from the hunt for yield. EMEA Finance examines the prospects for the country going forward.
A group of six experts discuss the state of trade finance in Turkey.