Developing markets: the impact of Covid 19 and other market trends

In the LMA's first ever podcast, Amelia Slocombe, Managing Director and Head of Legal, was joined by a panel of experts to discuss the impact of Covid-19 on emerging markets across EMEA, as well as other key trends and challenges. The panel was chaired by Tedd George, Founder & Chief Narrative Officer at Kleos Advisory, and included speakers from across the commercial banking, DFI and insurance industries.

Given the large number of speakers and the richness of the discussion, we have divided the podcast into two parts.

Part 1 COVID-19 and its impact on DM jurisdictions (released 28 April)

  • Where are the major problems and which countries and regions are managing better than others?
  • How is COVID-19 forcing people to change the way they do business and serve their clients?

Part 2 Debt, regulation, innovation and sustainable finance (released 30 April)

  • How will the current crisis impact debt levels and how will this be managed?
  • What should regulators be prioritising and how can we engage with them usefully?
  • How will the LIBOR transition impact developing markets?
  • What key innovations are you seeing in the loan markets?
  • How has the importance of green and sustainable financing grown in the COVID-19 crisis?
  • Developing Markets Podcast

    Part 1 COVID-19 and its impact on DM jurisdictions

    Part 2 Debt, regulation, innovation and sustainable finance

    Notice to Press

    If you decide to use quotes from speakers in the podcasts in any copy that you are producing, please ensure you a) notify the LMA first before publishing so we can confirm with the relevant speaker and b) quote your source as the LMA Developing Markets podcast. Further queries, please contact melanie.hutchings@lma.eu.com.

    Speakers

    Chair : Tedd George, Founder & Chief Narrative Officer - Kleos Advisory
    Miranda Abraham, Loan Syndications Africa - RMB
    Sukhvir Basran, Counsel – Hogan Lovells
    Benjamin Gibbons, Head of Credit & Political Risks, London - Miller
    Ashley McDermott, Partner - Mayer Brown
    Constantin von Moltke, Head of Syndication - Afrexim
    Amelia Slocombe, Managing Director & Head of Legal - LMA
    Logan Wright, Partner - Dentons


    Click here to view the speaker biographies.

    In the run-up to recording this podcast, we carried out a survey with our members to obtain their personal views on some of the key economic and investment challenges impacting developing market jurisdictions. The survey was divided into four sections: general questions pertinent to all developing market jurisdictions and then specific questions for Africa, followed by specific questions for CEE countries (including Russia and Turkey) and lastly, the Middle East. The results were collected anonymously and are summarised below. On 30 April, we will release a short podcast which will discuss the results in more detail.

    Survey Results

    Developing Markets survey discussion

    Question 1:
    What do you think will be the main challenge to growth in 2020 in developing market jurisdictions?

    What do you think will be the main challenge to growth in 2020 in developing market jurisdictions?

    Question 2:
    What do you think is the most important factor for growth in the syndicated loan market in developing markets in 2020?


    Question 3:
    What is the most important tool in mitigating risk for lenders in developing markets?


    Question 4:
    Which source of lending do you think will show the greatest growth in 2020?


    Question 5:
    Where is there potential for the greatest innovation in a developing markets context?


    Question 6:
    What is the greatest internal challenge to growth in Africa?


    Question 7:
    Which of the following countries in Sub-Saharan Africa offer the most opportunities for syndicated lending in 2020? If you believe it to be another country to those listed below, please detail it in the box marked Other Country.


    Question 8:
    Which area holds the best opportunities for lenders in CIS and Russia?


    Question 9:
    Which of the following countries offer the most opportunities for syndicated lending in 2020?


    Question 10:
    Which area holds the best opportunities for lenders in MENA?