Strategy Note /
GlobalThe best-performing emerging markets banks so far this year
Emerging market bank shares have outperformed the broader market so far this year, but downward pressure is building
GCC banks have performed best, buoyed by higher commodities and interest rates. Recent oil price weakness is a concern
Eastern Europe banks have lagged, reflecting geopolitical risk and economic disruption from Russia’s invasion of Ukraine
Rahul Shah
Head of Corporate & Thematic Research @ Tellimer Research
Contributors
11 July 2022
Published byTellimer Research
