Growth of CEE Banking Sector Above European Average

Businessn.a. ♦ Published: January 18, 2012; 13:25 ♦ (Vindobona)

2012 should remain a challenging year for CEE banking, with regulatory changes and European debt crisis as main risk factors, but Western European banks´ deleveraging should be a manageable drag.

Growth of CEE Banking Sector Above European Average / Picture: © Uni Credit Group Bank Austria

Over the medium to long term there is still potential for the CEE banking sector to generate above-EU average growth in banking volumes and profitability, as the financial penetration gap still exists and economic convergence prospects remain broadly intact. This is one of the key findings of the latest CEE Banking Study, conducted by UniCredit´s CEE Strategic Analysis department.…