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Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
Books were nearly three times the issue size
◆ Higher rated Austrian lender offers more spread for similar senior preferred bond ◆ Big demand pushes deal inside fair value ◆ BCP still prints its tightest unsecured debt for more than five years
After a record 2024, Turkish corporate issuance slowed last year
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GlobalMarkets: SQB has been identified as an upcoming privatisation candidate. That usually requires a lot of work to get an institution ready for that process. What is SQB doing to prepare itself?
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The country’s pursuit of achieving a more sustainable and equitable society has coincided with an ambitious economic reform agenda that, together, are delivering results
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GlobalMarkets: With such a large share of the mortgage market, it doesn’t seem you have much of an impetus to expand your product offerings?
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Uzbekistan is committed to improving its productive capacity and institutional strength on the way to achieving sustainable economic development.
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An ambitious and multifaceted reform programme is underway to take an already sound economy and open it to international markets
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GlobalMarkets: Your president has made it clear that he expects the country’s banks to improve their efficiency as part of the overall economic liberalisation programme. What is the NBU doing to accomplish this task?