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Banking in CESEE: Risk Provisions to Decline
Analysts of Austrian Erste Group expect the Eurozone and the countries of Central and Eastern Europe to recover. The banking sector participates in the economic upwsing.
Banking in CESEE: Risk Provisions to Decline / Picture: © Erste Group / Helmut Lackner
Above all, the banking sector in Poland, in Slovakia and in the Czech Republic proves stable. In these countries, banks benefit from declining risk provisions, a growing net interest income and a strict cost discipline. This is the result of a report issued by Erste Group.
According to Erste Group´s analyst Günter Hohenberger, banks may expect lending to increase this year.…
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