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Award Winners

Central Banker Report Cards 2011: Middle East & Africa

MIDDLE EAST & AFRICA Angola José de Lima Massano Grade: B The performance of Angola’s economy depends more on oil prices than on monetary policy. José de Lima Massano, former CEO of Banco Africano de Investimentos, was appointed central bank ...

Banking

Greek Bank Merger A Herald Of Things To Come

MILESTONES: GREECE By Luca Ventura The recently-announced merger of Greek banks Alpha Bank and Eurobank EFG could breathe fresh life into the much-troubled Greek banking sector. Tides turning in Greece with bank merger In fact, it would difficult ...

Award Winners

Awards: The World’s Best Subcustodians

ANNUAL SURVEY: MEETING NEW DEMANDS By Gordon Platt Subcustodians focus on real-time data and safety of client assets. The world’s leading subcustodians are investing in new systems to meet an increasing desire from global custodians for real-time ...

Banking

GCC: Big Changes Loom

GCC REGIONAL REPORT: MARKING A MILESTONE By Gordon Platt The regional group faces new challenges as it celebrates its 30th anniversary. The Gulf Cooperation Council (GCC) celebrated its 30th anniversary on May 25 with quiet flag-raising ceremonies ...

Banking

GCC: High Oil Prices Support Government Spending Rise

GCC REGIONAL REPORT: OIL MARKETS By Gordon Platt Global politics, supply dynamics and the fiscal needs of the GCC’s governments are combining to cloud the prospects for oil prices . Oil prices have been volatile in recent ...

Country Report

An Oasis Of Calm

COUNTRY REPORT: KUWAIT By Gordon Platt Kuwait has been largely unaffected by the winds of change sweeping through the Middle East and North Africa. In the 50 years since Britain ended its protectorate and Kuwait became an ...

Award Winners

Islamic Bank Awards 2011: By Country

Country Awards Algeria Al Salam Bank-Algeria Al Salam Bank-Algeria was established in October 2008 with capital of $100 million. New rules on Islamic banking in Algeria became effective in January 2011 and are expected to promote the growth of the ...

Emerging & Frontier Markets

Signs Of Change After Watershed Election

NEWSMAKERS: SINGAPORE By Thomas Clouse Singapore’s founding father Lee Kuan Yew resigned his cabinet post on May 14 after his party, the People’s Action Party (PAP), garnered just over 60% of the popular vote, its weakest showing since ...
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