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Stricter regulation will reduce Polish bank profits

Location:

POLAND

Holding interest rates at their current low levels is likely to lead to further consolidation of Poland's banking sector, as larger state-owned companies absorb smaller players…

Crisis will cut profits, add risks for Turkish banks

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TURKEY

It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…

Greece must grow faster to meet primary budget targets

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GREECE

Ahead of the elections, public attention was firmly focused on the state of the economy, particularly budget execution and foreign direct investment (FDI). The issue of social…

Brazil's banks boost profits despite fall in lending

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BRAZIL

Brazil's deep recession is not reflected in the healthy results announced by its major banks, which represent one of the few positive elements of a beleaguered economy. Good…

Mexico’s Pemex may need substantial state support

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MEXICO

The government has provided substantial financial assistance to the company, and President Andres Manuel Lopez Obrador (AMLO) has said more will be available whenever needed. How…

Russian Central Bank to amend bank rescue programme

Location:

RUSSIA

Bank rescues, failures and regulation in Russia.

State assets may fund Turkish public-private projects

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TURKEY

Moves to shore up the PPP infrastructure programme.

Brazil banks foresee renewed lending growth this year

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BRAZIL

The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…

Partial reforms may delay Kenyan credit recovery

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KENYA

The bill would also introduce sweeping consumer protection measures to prevent high-interest loans but takes no steps to repeal or modify interest rate caps imposed in 2016 as a…

Carillion collapse may transform public-private deals

Location:

INTERNATIONAL

Last month Carillion, the United Kingdom’s second-largest construction and outsourcing firm, went into liquidation. It employed 43,000 people and had 2017 revenues of 5.2 billion…