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Raiffeisen: “No signs of a regional deleveraging trend in CEE”
Cross-border exposures of European BIS-reporting banks to CEE (and the subregions CE and SEE) showed a modest decline in Q2 2012. This performance was driven by a cut in more or less all relevant CEE countries.
Raiffeisen: “No signs of a regional deleveraging trend in CEE” / Picture: © Vindobona.org
Regional crossborder banking exposure to CE and SEE (the countries with the highest dependency on Western European banks) dropped by some USD 57 bn in Q2 2012, Raiffeisen Research states.
This drop represents something like 4.3% of the regional CE/SEE GDP. The drop in Q2 2012 follows an increase in cross-border exposures in Q1 2012, two quarters of decline in 2011 (Q3 and Q4),…
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