Latest articles from Central & Eastern Europe

Top 100 CEE EU banks ranking

Top 100 CEE EU banks ranking: Poland and Czech Republic hold sway

April 30, 2015

Central and eastern European banks in the EU faced a sluggish 2013, but Poland led the region in terms of growth and the Czech Republic in terms of returns. Baltic banks are also starting to rise to the challenge.

Elvira Nabiullina

Elvira Nabiullina: fortifying Russia's economy

April 30, 2015

Russia’s central bank governor, Elvira Nabiullina, talks to The Banker about what is being done to address the inflation and devaluation of the rouble and the tools she is using to fortify the country’s economy against external shocks. 

Georgia's banks provide the calm amid a regional storm

April 30, 2015

The stand-off between Russia and Ukraine, and the subsequent sanctions imposed on Russia and fall in the value of its currency, has negatively impacted upon the economies of almost all former Soviet republics. In Georgia, however, the country's banks are faring well, in no small part because of the central bank's conservative approach. 

Recovery may stymie reform in Russia

Recovery may stymie reform in Russia

April 30, 2015

With the six-month drop in the global oil price stinging the Russian economy, it looked as if the country's government would introduce reforms to protect it against future shocks. But with prices on the brink of a recovery, this positive momentum towards change is in danger of being lost. 

Russian banks adapt to a new normal

Russian banks adapt to a new normal

April 30, 2015

Banks in Russia are feeling the force of Western sanctions, with funds from international capital markets slowing and deposits experience a lull, but some institutions are finding ways to maintain commercial relationships with foreign investors. 

Budapest tops CEE ranking for attracting financial services FDI

April 30, 2015

Budapest is the new top financial services investment destination in central and eastern Europe, while Moscow retains its crown as the largest international financial centre for outward investment.

Belarus central bank chairman seeks more stable times

April 27, 2015

The chairman of the board of the National Bank of Belarus, Pavel Kallaur, tells Courtney Fingar about his plans to stabilise the country's currency, as well as keep inflation under control while bringing down interest rates.

Mihály Varga

Hungary's minister of economy takes tentative steps towards economic stability

April 1, 2015

Hungary has enjoyed stronger economic growth than many of its European neighbours in recent years, but the country's minister of economy Mihály Varga is wary of taking this success for granted, insisting that the country's long-term outlook hinges on a number of external factors, from the recovery of the eurozone to a resolution of the conflict between Russia and Ukraine.

Government lends Hungarian banking market a hand

Government lends Hungarian banking market a hand

April 1, 2015

Government intervention – both to tackle the country's problematic foreign exchange loans and stimulate new lending – has revived the Hungarian banking market. Now, the race is on for banks to return to profitability. 

How Azerbaijan kept up its economic ascent

March 10, 2015

For more than a decade, Azerbaijan’s economy has enjoyed unbridled growth. On the 15th anniversary of it becoming one of the Asian Development Bank's member states, The Banker takes an in-depth look at its success story.  

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