Peru has responded quickly and effectively to Covid-19. It was the first country in the region to impose a quarantine, on March 15, followed by a curfew on March 18.
Interviews & Viewpoints | Kamal Mokdad, CEO and Head of International Global Banking, Banque Centrale Populaire: Interview from The Report: Morocco 2020
What is the potential for growth across the African continent for Moroccan banks?
In recent years Morocco’s banking sector has experienced a period of consolidation at home and expansion abroad following a surge in lending in the decade leading to 2012. The country’s leading banks are now among the largest in Africa, with extensive continent-wide holdings. Despite GDP growth trending lower and the associated slowdown in...
Articles & Analysis | New digital currency pushes banks to address technology-based risk from The Report: Morocco 2020
The first cryptocurrency transaction in history was feted in just two words: “Running Bitcoin”, which came in the form of a tweet on January 11, 2009 by Hal Finney, a US software developer. Some 10 years and over 1600 initial coin offerings later, the world of crypto-, virtual and other digital currencies looks to have provoked an active...
Interviews & Viewpoints | Abdellatif Jouahri, Governor, Bank Al Maghrib (BAM): Interview from The Report: Morocco 2020
What are the main monetary policies adopted by BAM in response to current conditions?
Articles & Analysis | Emerging markets responding to major banks' retrenchment of overseas operations from The Report: Morocco 2020
The three decades before the 2007-08 global financial crisis were marked by the world’s financial networks becoming increasingly interconnected. Financial system regulatory convergence, the growing penetration of World Trade Organisation rules and the creation of currency unions, such as the euro, resulted in a surge in cross-border capital...