Boris Bruck expresses concern over possible Russian bank failures and increasing isolation.
Macroeconomic
- Republic prepares first international issuance since raising €180mn in 2011.
- Citi, Deutsche Bank and Erste Group will run European roadshow beginning on May 6.
- Borrower also announces exchange-and-tender offer for outstanding 2015 and 2016 bonds.
As Sberbank announces a new strategy to take it through to 2018, vice-president Denis Bugrov tells EMEA Finance about the role its CEE/CIS businesses outside of Russia will play.
- 7pm, Wednesday December 11, 2013
- Le Meridien Piccadilly, London
Sovereign expected to return to the market this week.
The Hungarian government has requested the closure of the IMF’s office in Budapest following a decision to repay US$2.125bn in outstanding loans early.
Funds vital to prevent further economic deterioration.
Ratings agency acts on weaker government position.
Companies in emerging markets are catching up with their developed-market peers in addressing sustainability, according to analysis by RobecoSAM, the Swiss investment boutique behind the Dow Jones Sustainability Index.
Here, in an extract from an interview with EMEA Finance for our fourth annual Green Issue, Guido Giese, RobecoSAM’s head of indices, discusses how and why this is happening.
Russian lender completes capitalisation despite banks telling the team their deal was “impossible”.
Moody’s upgrades country’s rating, citing improved fiscal position and successful reforms.