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CESEE: Deposit Growth Slows Down
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Given the sketched regional loan growth dynamics and their most important drivers it comes as no surprise that deposit growth rates in CEE also decelerated in recent months, Raiffeisen Research states.
CESEE: Deposit Growth Slows Down / Picture: © Vindobona.org
Nevertheless, lending growth still remained slightly above deposit collection. Hence, by and large loan-to-deposit (L/D) ratios did not change much in recent months. Hungary, Bulgaria and the CIS countries Ukraine and Belarus remain the only outliers. In case of Hungary, Bulgaria, Ukraine and Belarus L/D ratios continued their secular downtrend. In contrast the L/D ratio in Russia…
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