In the wake of sweeping reforms undertaken since 2011, Myanmar’s banking sector has been advancing at a rapid pace to become safer, sounder and better regulated. The majority of banking institutions are rising to the challenge by adopting international best practices, especially in terms of accountancy, and investing in systems that promise to transform the way they operate. Until recently...
Financial Services
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Chapter | Financial Services from The Report: Myanmar 2017
Myanmar today is a country undergoing rapid change, and there is a solid determination among its people and leaders alike to help their country establish an important place at the global political and economic table.
Facing an economic slowdown and a fragmented operating environment, Abu Dhabi insurers will continue to implement new industry regulations in 2017.
Articles & Analysis | Macroeconomic challenges may allow central bank to take greater control in Algeria from The Report: Algeria 2016
If an end to the era of abundant liquidity in Algeria’s financial sector presents risks, it also has one important advantage: contracting liquidity can restore the Bank of Algeria’s (BoA) capacity to steer the economy via the classic levers of monetary policy. These tools, essentially unused during 15 years of excess liquidity, are now re-...
Articles & Analysis | A challenging start to a promising journey from The Report: Algeria 2016
The opportunity to invest in Algeria is greater than any time before. This unprecedented historical opportunity is, as per experts’ analysis, rooted in two main reasons. The first is the economic transition that Algeria has to undergo and the second is the country’s exceptional exponential demographic growth.