October/November 2009 - Past Issues - emeafinance Magazine - emeafinance - Europe • Middle East • Africa - Three regions

emeafinance Magazine: October/November 2009

Sink or swim

It has helped keep emerging economies afloat during the crisis; now there are calls for the IMF to do more – and to do it differently. Julian Evans reports.

V for victory?

A recovery from the financial crisis seems to be taking hold – for now. Tim Burke reports.

BTA and former management battle in UK court

A controversial legal case sees BTA, the nationalised Kazakh bank, face off with ex-bosses. Julian Evans reports.

An initiative to upgrade and integrate West Africa’s intra-bank payment systems is gathering pace, with the Central Bank of Nigeria inviting tenders for a new real time gross settlement (RTGS) system to replace its existing set-up.

Standing strong

A high profile name in one of Turkey’s more resilient industries, Suzan Sabancı Dinçer has enjoyed an eventful first 18 months as Akbank chairman. She tells Tim Burke about the strengths of the country’s banking system and what needs to happen for the economy to flourish once the crisis is over.

Forming footprints

For private equity firms focused on Africa’s entrepreneurial growth companies, deal opportunities keep coming. By Tim Burke.

Leader of the pack

With a single regulatory body, a centralised shariah advisory council and more than 30 years of experience, Malaysia is at the forefront of Islamic finance sophistication. Eva-Luise Schwarz reports.

Keep the receipt

A year after an SEC rule change made it easier to issue depositary receipts in the US, the industry’s key players are benefiting from a host of new opportunities. Tim Burke reports.

Big issues

Governments across the EMEA region have taken advantage of reopened debt markets. Tim Burke reports on sovereign bond activity so far this year.

Holding on

Egypt has so far proven remarkably resilient in the face of the credit crunch. But it faces serious challenges in its near-term future, writes Julian Evans.

Tapping new funds

From a drought to a trickle, Saudi Arabia’s project finance deal flow is slowly picking up speed. But concerns over who will back projects remain. Eva-Luise Schwarz reports.

African Banking Achievement Awards 2009

emeafinance is proud to present its African Banking Achievement Awards 2009. The awards recognise the best commercial and investment banks across Africa. The awards consider various performance and structural factors, such as market share, growth in important product classes, profitability, and corporate strategy.