Austrian Banks in Central, Eastern and Southeastern Europe

Business › n.a. ♦ Published: August 27, 2010; 11:27 ♦ (Vindobona)

According to a recent comparative study from the Austrian Central Bank (OeNB), the long-term commitment of Austrian banks in Central, Eastern and Southeastern Europe (CESEE) offers good prospects.

Austrian Banks in Central, Eastern and Southeastern Europe / Picture: © Vindobona.org

- CESEE is a long-term growth market for bank services and therefore offers good prospects for Austrian banks.

- Economic developments have been very diverse in CESEE; after 20 years of transformation, the countries do not represent a homogeneous economic region.

- In the long term, after the end of the current global financial crisis, CESEE will be the region…

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