The top four banks in central and eastern European by return on capital are all Russian, with fifth placed Bulgaria-based First Investment Bank the only lender to buck the trend.
All but one of the top five central and eastern European (CEE) banks by return on capital (ROC) are Russia-based. Top placed Tinkoff Credit Systems, a Moscow-based credit card specialist, is a new entrant in the Top 1000 ranking this year, placing 834th after it saw its capital increase by more than 300% following its October 2013 initial public offering in London. It recorded 38.57% ROC in the year.
The largest lender in the top five by ROC ranking is Moscow-based Sberbank, which places 33rd in the Top 1000 and first in the top 25 CEE banks. With 31.99% ROC it ranks third in the top five ROC list.
Rounding off the ranking in fifth place is Bulgaria-based First Investment Bank, the only bank from outside of Russia in the top five. Its recorded 28.6% ROC.
Philip Alexander reports on the full results of The Banker’s Top 1000 World Banks ranking 2014 in Top 1000 World Banks 2014: Back on track? and Stefanie Linhardt reports on the performance of CEE banks in Sales bring changes in CEE but Russia still rules.
