OPINION/EDITORIAL

EM EMEA Bank Asset Quality to Weaken as Forbearance Is Withdrawn

March 17, 2021/Fitch Ratings Emerging market (EM) banks in the Europe, Middle East and Africa (EMEA) region should see meaningful increases in reported nonperforming loan (NPL) ratios in 2021 with the expiration of moratoria and loan forbearance programmes, Fitch Ratings says. Our new report What Investors Want to Know: Loan […]

A Modest Increase in FGN Domestic Debt in Q4 2020

March 18, 2021/Proshare By FBNQuest Research At end-December the FGN’s domestic debt stock totalled NGN16.02trn (USD40.7bn at the NAFEX rate of 30 December), equivalent to 10.5% of the year’s GDP. The stock increased by NGN180bn in the quarter and NGN1.75trn over 12 months. Outstanding FGN bonds increased by NGN1.31trn in […]

The Future of Asia: What a Difference a Year Can Make

March 17, 2021/IMFBlog By Chang Yong Rhee and Katsiaryna Svirydzenka The Sydney Opera resumed live performances and the city of Melbourne recently hosted the Australian Open tennis tournament with fans (mostly) in attendance. Japan is back to planning the delayed 2020 Summer Olympics, while China focuses on the Beijing 2022 […]