Emerging Market Bank Analysis

Analytic overview Section aims: structured approach to the credit analysis of emerging market banks with perspectives of regulators, rating agencies and debt and equity investors. Operating environment: Section aims: systemic risk driven by either sovereign or banking system weakness and evaluation of the impact of macro economic, competitive and regulatory change on bank financial health and performance. Financial Fundamentals: Section aims: define, measure and evaluate bank performance through balance sheet, income statement and key financial ratio analysis. Appreciate the limitations of the figures given and the challenges of different accounting regimes. Management, Francise and Ownership: Section aims: risk of differing management and shareholder structures prevalent in emerging markets and benchmarks of appropriate risk management and corporate governance behaviour.