CEE Banking Sector „Performs Well“

Businessn.a. ♦ Published: June 6, 2012; 12:54 ♦ (Vindobona)

The Austrian Raiffeisen Centrobank sees high-growth potential in the CESEE region. Loan growth is at „healthy levels“, there are „no signs of a credit crunch“.

CEE Banking Sector „Performs Well“ / Picture: © Vindobona.org

“Despite the current turbulences in the Eurozone, which have also had their impact on Central and Eastern Europe (CEE) , the CEE banking markets have proven to be more resilient than initially anticipated. Especially Poland and Russia have developed solidly and are therefore the bright spots on the region's banking markets,” the analysts of Raiffeisen Bank International AG (RBI) and…