Regional wealth funds, free-trade zones and the Saudi Stock Exchange are expected to boost GCC economic growth and spur development—even if oil doesn’t cooperate.
In a conversation with Global Finance, Mark Kerns, head of investor services at Standard Bank, describes how booming interest in Africa, led by South Africa and Nigeria, is reshaping the continent’s capital markets.
GCC Regional Report 2015 | Trade
GCC With oil prices not expected to top $100 a barrel anytime soon, breaking down trade barriers is the one sure way to boost the GCC’s economic prospects.
Global Finance presents the winners of its annual World’s Best Subcustodian awards.
SIBOS Supersection 2015 | Trade Finance Innovation
The impact of the trade finance shortfall is particularly significant for small and medium-size enterprises.
Capital Markets | Debt/Equity
India’s banks—both private and state-run—have been given a powerful tool to deal with bad loans.
Scotland still brings in more foreign direct investment than many larger countries. Last year it again headed the list of top UK destinations outside London.
Milestones | New Zealand
In June, the Reserve Bank of New Zealand lowered its key cash interest rate a quarter of a percentage point to 3.25%, the first time the central bank has cut rates cut since 2011, citing a combination of deflationary pressure, plunging commodity prices and a slowdown in key export markets like China.
Global Finance interviewed Derek Pattison, Scotiabank’s VP of wealth management, Bahamas, on the importance of responding to clients’ needs for any product, anywhere.
Small businesses today no longer need to convince a bank to get a loan. They can very well convince an algorithm that will assess their credibility based on a diverse parameters rather than a conventional credit check.
GCC Regional Report 2015 | Oil Prices
GCC countries are weathering low oil prices surprisingly well, cushioned by sovereign funds, economic diversification and development.
SIBOS Supersection 2015 | Innovation In Trade Finance
Alternative finance—in all its myriad forms—could prove the answer to the global trade finance gap.