At a time when a number of major Latin American economies, including Brazil and Venezuela, are heading toward recession, Mexico’s economy stands out in the region for its resilience. The country is expected to maintain a solid economic performance in 2015 and beyond, with the IMF estimating GDP growth of 3% and 3.3% in 2015 and 2016, respectively.
Given present jitters around the Gulf – as investors, businesses and governments face the prospect of sustained oil and gas price softening – international ratings agency S&P’s recent reaffirmation of Qatar’s high investment grades came as a welcome vote of confidence for many in Doha.
Bucking the trend of the country’s subdued economy, South Africa’s banks have again posted solid earnings, as they continue to strengthen their position through improved risk management practices and robust capital adequacy levels.
Improving liquidity and boosting market capitalisation are the focus of reforms under way at the Kuwait Stock Exchange (KSE), as the authorities work to reinvigorate the bourse’s growth.
On the back of impressive global growth, the opening of the Islamic financial services (IFS) sector in Ghana is expected to create new financing and lending opportunities in the coming years, with sharia-compliant banking offering particular potential in the retail and small and medium-sized enterprise segments.
After more than half a decade of heavy provisioning and regulatory reforms, Kuwait’s banking sector is now in the early stages of resurgence in credit issuance and various other activities. The industry’s overall stability and performance has improved markedly since the 2007-08 global economic downturn, due in large part to a series of new...
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