Since the political reforms of 2011, a number of significant steps towards liberalisation have been taken in the banking sector. The Central Bank of Myanmar has been given much needed autonomy and ATMs are now allowed in the country. Further aiding accessibility, mobile banking services have been introduced. New private banks are being set up and foreign banks have been granted licences to...
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Chapter | Financial Services from The Report: Myanmar 2016
Many have hailed Myanmar’s recent economic, political and social restructuring as ground breaking, and for good reason. In a relatively short period the country’s economy has gone from being largely isolated to being a focal point for foreign investment.
Articles & Analysis | Peru market reforms to increase liquidity and trade from The Report: Peru 2016
The Lima Stock Exchange (Bolsa de Valores de Lima, BVL) has had a difficult three years in 2013-15, but market players believe conditions are beginning to point to a recovery in 2016.
Articles & Analysis | Peru's new policies seek to reduce dollar debt from The Report: Peru 2016
After the hyper-inflationary shocks of the 1980s Peruvians had low levels of confidence in the national currency, as well as in government policy-making in general. Subsequent governments have sought to rebuild trust and restore macroeconomic stability. Part of achieving this was to allow free convertibility between the Peruvian nuevo sol and...
Articles & Analysis | Peruvian insureres are innovating life offerings from The Report: Peru 2016
The life insurance sector has achieved impressive growth in recent years. According to the Superintendencia de Banca, Seguros y Administradoras de Fondos de Pensiones (SBS), life premiums rose 17.8% in 2014 to PEN4.93bn ($1.6bn), well ahead of the premium growth rate across all insurance products, of 11.9%. Both rates were a multiple of GDP...
Interviews & Viewpoints | Daniel Schydlowsky, Former Superintendent, Superintendence of Banks, Insurance and AFPs: Interview from The Report: Peru 2016
What will be the impact on consumers in terms of premiums and product quality as Peru’s insurance market becomes less concentrated?