A special report on banking in emerging markets: All the world's a stage  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 395 no. 8682 (May 2010), page 54+17.
Topik: Emerging-market Banks; Foreign Businesses; Western Finance
Fulltext: All the world's a stage.pdf (786.12KB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.60 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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FROM the rubble of Western banking it is easy to conclude that emerging-market banks are already big, getting bigger, and are coming to get us. Most emerging-market banks do have a sense that they are destined for great things. Mr Kamath at ICICI speaks for many when he says that in the medium term “we will see a clutch of Indian banks among the top 15 banks in the world.” Chinese and Brazilian firms are already there and Russia’s biggest bank is not far off. For all their scale and ambition, however, emerging-market banks mostly still derive only a tiny share of their profits from their foreign operations (see chart 11). How quickly might that change?

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