Stable Outlook for CESEE Banking Industry

Businessn.a. ♦ Published: December 19, 2013; 08:12 ♦ (Vindobona)

According to the U.S. rating agency fitch, the sector outlook remains stable in Central, Eastern and Southeastern Europe. However, the well-known risks and weaknesses will persist.

Stable Outlook for CESEE Banking Industry / Picture: ©

In 2014, the banking operations in the CESEE will not change dramatically. Fitch explained that the outlook is stable. Nevertheless, the recovery in the region is still fragile and the asset quality issue is not solved yet.

Above all, the Romanian and Hungarian markets are still risky, reflecting the negative balance of risks. Banks in Poland, the Czech Republic and Slovakia, by…