Improving Situation for Banks in CEE

Politics ♦ Published: December 10, 2013; 16:03 ♦ (Vindobona)

Raiffeisen analysis getting a notch more optimistic on CEE banks.

Improving Situation for Banks in CEE / Picture: ©

Polish banks: The banks from Raiffeisen Bank’s coverage universe reported an aggregated net profit of PLN 2.5 bn, which is perfectly stable vs. 2Q 13 but with a clearly negative cumulative growth of 9% yoy in 1-3Q 13, though with a decelerating tendency from both previous quarters Raiffeisen would rank BZ WBK (NII, costs, CoR) as the best quarterly performer, while…