What measures can be taken to increase the population’s access to banking services?
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Interviews & Viewpoints | Jean-Pierre Gianotti, Head, Bankers Association of Djibouti: Interview from The Report: Djibouti 2016
Interviews & Viewpoints | Ahmed Osman, Governor, Central Bank of Djibouti: Interview from The Report: Djibouti 2016
What specific measures can be taken to enhance access to credit for small and medium-sized enterprises (SMEs) in Djibouti?
Articles & Analysis | Islamic finance in Djibouti could boost banking penetration from The Report: Djibouti 2016
Amid the steady expansion of Djibouti’s financial sector over recent years, Islamic finance has been taking an increasingly prominent role. Of the 10 existing banks in late 2015, four were Islamic, and the segment currently accounts for between 15% and 20% of the overall market.
On the back of a rise in both capital investment and transport activity, Djibouti’s banking sector has seen considerable expansion in recent years. The most visible change has been the growing number of players in the market, which has led to an increase in competitiveness, and the expansion of products and services targeting local clients. The increasingly robust regulatory role being adopted...
A small but important country, Djibouti benefits from its highly strategic location. With access to the Gulf of Aden and the Indian Ocean beyond, the country is a significant gateway to the Horn of Africa and the wider region of East Africa.
Rising demand for credit across Vietnam’s private sector is expected to drive bank loan books above the highs recorded last year.