Financial Services

Le secteur bancaire marocain, ayant enregistré une forte hausse de ses profits en 2010 et au premier semestre 2011 et ayant, selon le FMI, vu une amélioration de ses capitaux propres et de son taux de créances non-productives, continue d’afficher une bonne croissance, se démarquant ainsi fortement de ses voisins du nord et des difficultés qu’ils rencontrent actuellement. Cela s’explique non seulement par une croissance organique, en particulier avec les envois de fonds des émigrés, mais aussi par des augmentations de capital et des fusions-acquisitions.

A new law in Oman that makes an exception for businesses hoping to list a smaller share of their companies on the Muscat Securities Market (MSM) will likely be passed by the end of the year.

Mongolia is tightening regulation of its financial services industry in preparation for an expected wave of foreign direct investment, with reforms improving supervision of the banking sector and outside help sought to enhance oversight of the Mongolian Stock Exchange (MSE).

Malaysia’s Islamic finance sector is further consolidating its position as a market leader, moving to broaden its product range and expand its reach, though it may need to keep an eye on rivals aspiring to emulate its success.

While Turkey’s stock market, like most around the world, has witnessed reversals over the year so far, especially in recent months, it has remained a solid long-term investment, out-performing its emerging market peers.

Saudi Arabia’s insurance industry is making impressive strides, with policy take-up growing, premiums increasing, and the sector’s regulatory body strengthening. However, penetration rates still have a considerable way to go if they are to reach those of developed markets.