Now Albania has emerged from the financial crisis in relatively sound health, its banks are setting their sights on prudent expansion.
Central & eastern Europe
Latest articles from Central & eastern Europe
Counting the changes
September 29, 2010Promising much, the new Hungarian government has won few fans in the banking sector, with the scale of its new bank tax dwarfing similar plans in the UK and Germany. Writer Thomas Escritt
Getting Ukraine's finances back on track
August 30, 2010The deputy prime minister of Ukraine, Sergei Tigipko, explains what measures his government is taking, with the help of the International Monetary Fund, to get the country's finances back on an even keel.
Bulgaria and Romania defy Eurozone woes
July 28, 2010Greek banks control at least a fifth of the banking markets in Bulgaria and Romania but, despite this exposure to one of Europe's more troubled economies, bankers in the two countries believe there will still be a sufficient supply of credit to meet demand. Writer Philip Alexander
Estonia's lesson for Europe's powerhouses
July 28, 2010Estonia may be in debt, but it has the third-lowest budget deficit in Europe and, as the country's prime minister explains, its policies of prudence and restraint are putting it in a strong position for its entry to the eurozone. Interview by Courtney Fingar.
VTB swaps quantity for quality
July 28, 2010Russia's second largest bank has grown its assets more than 30 times over the past 10 years, but its new chief financial officer explains that a more measured business strategy has altered the bank's wholesale funding priorities. Writer Philip Alexander
Samir Sharifov
July 6, 2010Azerbaijan's finance minister tells The Banker about the country's strategy to diversify its economy away from a dependence on oil exports and addresses international questions about the government's fiscal transparency. Writer Michelle Price
CEE infrastructure generates international teamwork
July 6, 2010With help from multilateral institutions, transport infrastructure finance deals in the new and aspiring EU members are still being completed, but on much more conservative terms. Writer Philip Alexander
Russia's second-tier investment banks have ambitious plans
May 28, 2010As Russian capital markets activity revives, second-tier investment banking groups have ambitious plans to share a larger slice of the business. But competition is tough. Writer Philip Alexander
Trying to turn the taps back on
May 5, 2010Croatia entered the financial crisis with its banking sector in good shape, but rising unemployment and fiscal pressures are dampening new lending activity. Writer Nick Saywell