The microfinance industry has played an important role in improving social development, despite facing challenges in recent years The centrality of microfinance to Peru’s economy extends beyond its contribution to banking profits, given its role in reducing poverty, accelerating formalisation of the workforce and bringing growth to regions...
The banking industry looks set to achieve its full potential in the coming years, outperforming other sectors of the economy With a record of consistent profitability and credit growth, the banking sector has benefitted from economic expansion in the past decade. Strong regulations are credited with having ensured that banks made it through the 2008...
Though Peru’s economic growth registered a slowdown in 2014 - to an estimated 3.1% according to the central bank compared to rates of between 5% and 9% for much of the past decade - the mining-led economy is expected to regain momentum in 2015 as diversification efforts continue and government measures to stimulate investment take effect.
The year 2015 will witness initial public offerings (IPOs) of state-owned companies as well as privately held ones. We forecast the latter will take place during the first half of the year, whereas state-owned companies have yet to meet internal requirements, notably approval by their relevant governance bodies. This includes finalising the terms of the listing, such as...
What segments will be the main drivers of growth for the Algerian insurance sector in 2014?
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