Bips & Pieces
Regulatory Shifts May Help Boost Islamic Banking in the Philippines
New guidelines released by The Bangko Sentral ng Pilipinas (BSP) could pave the way for new sukuk issuance in one of ASEAN’s fastest growing economies.
22 Jan 2020
China Showing Signs of Economic Recovery is Positive for Emerging Markets
Real GDP growth in China is starting to show signs of stabilisation, with the latest print showing output stayed steady at 6% in 4Q2019 and a raft of other indicators surprising on the upside.
22 Jan 2020
RUB to Face Downward Pressure due to Balance of Payments - ING
Tepid balance of payments figures in Russia are contributing to a shrinking current account surplus, which will place downward pressure on the ruble, according to a report from ING.
22 Jan 2020
CDC Group Inks USD400mn in New Deals As UK-Africa Investment Summit Kicks Off
UK-based development finance institution CDC Group has announced a raft of new deals with Africa-based counterparts totally USD400mn, mostly to support small and medium-sized businesses across the continent.
21 Jan 2020
Iran, Iraq, Libya, Key Geopolitical Risks to Oil Price - PIMCO
The past year has seen a number of geopolitical tensions flare up that could potentially impede oil production in a number of key producing countries, according to a recent note from PIMCO.
21 Jan 2020
Niger State Looks to Borrow up to NGN25bn to Capital Markets
Niger State Governor Alhaji Abubakar Bello has written to the House of Assembly to request legislative approval to issue up to NGN25bn (approx. USD69mn) in sukuk.
21 Jan 2020
Surprise IsBank USD750mn Issue Opens Up Turkish Bond Markets in 2019
It was the first subordinated bond by a Turkish FI this year.
21 Jan 2020
Armenian Economy Went from Strength to Strength in 2019 – RAEX
In affirming its positive outlook and BB- rating for Armenia, the agency praised the fiscal stabilisation and a fall in public debt of one of the smaller economies in the CIS.
20 Jan 2020
US-China Trade, Global Protests, Cybersecurity Will Dominate Risks in 2020 – BlackRock
US-China trade tensions, global protests and cybersecurity are amongst the top three geopolitical risks to face markets in 2020, according to BlackRock.
20 Jan 2020
Green Funding tops USD255mn for 2019 – but Beyond China, EMs Still a Small Slice of the Pie
Certified green funding volumes – including both bonds and loans – came in at USD254.9bn for 2019, according to new research from the Climate Bonds Initiative, a 50% rise on 2018 volumes. But outside China, emerging markets still see fairly low issuance of green or sustainability-linked instruments.
20 Jan 2020