Having shown its resilience by withstanding external financial shocks, and with cities across the world showing increased interest, it appears that Islamic finance is here to stay
As oil prices show no signs of improving, Canada is panicking – with the BoC cutting its key interest rate. But all is not lost if policy-makers can restrategise the energy sector
The IMF has announced its plans to loan Ukraine $17.5bn, as the country is plunged deeper into economic crisis
HSBC and its US affiliate exposed the US financial system to money laundering, drug trafficking and terrorist financing risks due to poor money laundering controls an official probe found in 2012
Thanks to a series of new mega projects, Kuwait’s economy is set to soar; the wave of investment bringing with it more opportunities for local banks and international firms
Since becoming a fully sharia-compliant institution in 2007, Bank Aljazira has undertaken ambitious expansion plans in its mission to become one of Saudi Arabia’s leading Islamic banks
World Finance speaks to representatives from KBZ Group about changes in Myanmar’s banking industry
World Finance speaks to Bernadine Okeke, Group Executive of Private Banking at First Bank of Nigeria, about the continent’s banking industry
Banking is becoming an increasingly competitive sector in the UAE. Mashreq has established itself as a leading bank in the region, but insists that it will not be resting on its laurels
China’s proposed $50bn Asian Infrastructure Investment Bank could become the largest emerging market funding-vehicle in the region and globally
Interest rate cuts continue as Denmark insists on maintaining long-held pegging of krone to the euro
The RBA marks the latest in a long line of central banks to slash its interest rate to a record low
Nigeria has one of the largest ultra-high-net-worth individual populations in Africa – a population that could help forge new frontiers of growth in the private banking sector
Thailand’s high-net-worth individuals are increasing, and so local banks are having to up their game in order to capitalise on new business opportunities
World Finance speaks to Bank Aljazira about the increase in sharia-compliant institutions throughout Saudi Arabia