ASIA: Balance Credit Risks
Asia has experienced rapid growth in bank loans and credit since the global financial crisis in 2008. Capital inflows have been seen as a catalyst of growth for Asia, with proliferating bank loans and bonds in 14 large developing economies of Asia almost doubling total domestic debt…
EUROPE: Looking ahead – ECB and NCA focus for 2016 – what does it mean for market participants?
The last five years have been a time of much challenge for the Central Banking Fraternity in Europe. Crisis, both economic and political, has been followed by much adjustment and change, including both practical economic and policy interventions, structural change in the form of Banking Union, much new regulation and most recently the adoption of QE.
AFRICA: Overview of banking reforms in French-speaking countries
In recent decades, the African banking sector has seen significant changes, and has witnessed the appearance of pan-African banking groups under the impetus of strong economic growth and the creation of regional markets.
The ECB’s intervention and bank liquidity
A massive injection of liquidity has been the answer of central banks and the ECB to the crisis and the financial market dislocations that followed the failure of Lehman Brothers in September 2008.
The authorities have followed, though not always consistently, the traditional recommendations to close insolvent banks and support the rest.
Risk culture and supervision: beyond the box-ticking exercise – striving for fair balance
Risk culture is a high priority on the regulators’ agenda. Since the 2008 crisis, the financial sector has been under scrutiny. One of the root causes of the crisis was a lack of recognition of the importance of a risk management culture in ensuring the long running financial stability of an organisation. Accordingly, institutions are now expected to develop an effective risk management framework and a sound risk culture.