How do you expect the modernisation of the payments sector to drive greater financial inclusion?
Financial Services
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Interviews & Viewpoints | U Bo Bo Nge, Deputy Governor, Central Bank of Myanmar: Interview from The Report: Myanmar 2018
Chapter | Financial Services from The Report: Myanmar 2018
Myanmar’s largely unbanked population of over 53m presents vast growth opportunities, and rising demand for the newly emerging financial sector has already led to a sizeable expansion of services and investments. Enthusiasm for the Myanmar market among private domestic and international insurers has been high, as the country promises significant potential returns. With the new Yangon Stock...
Occupying a strategic position at the crossroads of India, China and Thailand, and now in its seventh year of sweeping economic liberalisation and political transition, Myanmar remains one of the fastest-growing economies in South-east Asia.
Although Bahrain has faced economic headwinds in recent years, the modest recovery of oil prices in 2017 bodes well for the future in addition to the non-oil sector driving growth, with activities unrelated to hydrocarbons extraction forecast to expand by 3.9% in 2018.
Economic update | Myanmar holds interest rates steady, suggests other reforms to boost credit access
26 Mar 2018
Despite easing inflation, Myanmar is likely to maintain interest rates at the current level throughout much of 2018; however, the central bank has suggested other measures to ease lending constraints and stimulate the banking sector.
Articles & Analysis | Bahrain supports the growth of Islamic insurance companies from The Report: Bahrain 2018
Bahrain’s sharia-compliant insurance industry has developed rapidly in the years following the turn of the century. According to a report by multinational professional services firm EY, in 2001 takaful (Islamic insurance) accounted for 3% of the sector’s gross written premium (GWP), but by 2016 it had expanded to capture nearly a...