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Egypt Ends Bank IPO Dearth

Global Finance

The move is a cornerstone of an International Monetary Fund (IMF)-backed privatization program aimed at attracting private-sector investment and bolstering economic resilience. The retail tranche, which closed on December 3, attracted extraordinary interest, with subscriptions surpassing 59 times the shares on offer.

Banking 52
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Saudi Arabia’s IPO Boom Reshapes Its Market Dynamics

Global Finance

Since the launch of Vision 2030 nine years ago, Saudi Arabia has made significant strides in economic diversification, fostering a more attractive environment for global investors. Moreover, the IPO landscape is no longer oil-centric, with fintech, healthcare, and retail companies successfully listingindicating broader investor appetite.

Marketing 105
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Ethiopia: A Stock Market Relaunch Heralds Economic Transformation

Global Finance

For Prime Minister Abiy Ahmed, ringing the bell to mark the opening of ESX was a momentous occasion and another feather in his philosophy of economic liberalization. The post Ethiopia: A Stock Market Relaunch Heralds Economic Transformation appeared first on Global Finance Magazine. So far, ESX has one listing, by Wegagen Bank.

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Making AI Pay Off in Global Banking

Global Finance

2005-2019 CTBC Bank – Retail Banking Credit Risk Management Division, Vice President. Olli Anteroinen joined Nordea in 2006 and has worked with Retail (SME) customers and life insurance in various positions, lastly focusing on digital and business development. Global Finance: Is Generative AI really the answer?

Banking 105
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Davivienda Considers Assets Of Scotiabank In Colombia

Global Finance

After Thomson’s end of year speech, there were talks with several financial institutions with Davivienda’s considered the best offer, according to economics publication Primera Página. It is believed that Scotia is negotiating the sale of its retail business to Davivienda, which has 24.3 We have seen some,” says Suárez.

Banking 98
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How External Factors Shape Internal Strategies Through Strategic Risk Management 

CFO Talks

External forceswhether economic, technological, or socialcan quickly turn smooth sailing into turbulent waters. These factors shape the environment in which businesses operate and include: Economic Pressures : Inflation, recessions, or currency fluctuations can impact costs, pricing, and customer spending habits.

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Expanding in Africa: How Egypt’s CIB is Pursuing Cross-Border Growth

Global Finance

Islam Zekry (IZ): CIBs strategy is centered on expanding our footprint in East Africa by leveraging our expertise in corporate, SME and retail banking. Within the SME and retail banking sectors, we are supporting Africas growing entrepreneurial ecosystem via tailored financial products. How will you achieve these?