Egypt’s increased reliance on local lenders to finance its budget shortfall may stifle any economic recovery by reducing the incentive of banks to lend to companies.
Banks in the United Arab Emirates will be required to comply with four so-called “liquidity ratios” to help them withstand market disruptions and avoid a cluster of debt payments, according to new central bank rules.
Qatar’s bond market is off to its worst start in three years even as the country ramps up $200 billion of spending to host soccer’s 2022 World Cup.
Tamweel PJSC , the home finance company majority owned by Dubai Islamic Bank PJSC , tumbled 10 percent as it resumed trading more than two years after being suspended pending its reorganization.
Credit Agricole SA and Societe Generale SA may be among European banks with the most at risk from the Greek crisis because of unprofitable units in the country.
"Lending appetite from international banks is still limited, while many of the larger local banks have been making significant progress on their strategies to build wholesale banking franchises and increase market share."
- Jaap Meijer on Jan 07, 2015