Azerbaijan’s authorities are pushing banks to entrench improved performance by adopting international management practices, reports Philip Alexander.
Central & eastern Europe
Latest articles from Central & eastern Europe
Time to seize opportunities
May 5, 2008Azerbaijan’s government is intensifying efforts to strengthen the non-oil and regional economies using oil revenues and legislative improvements. But inflation is a growing threat.
Positive prospects in play
May 5, 2008BCR’s interim CEO is confident that the bank’s transformation will allow it to capitalise on the opportunities presented by one of Europe’s fastest-growing economies, he tells Philip Alexander.
Triumph during adversity
May 5, 2008UralSib is among the lucky few to benefit from the credit crunch. Virtually unreliant on international financing, the bank has stood strong and is now winning custom from rivals that are struggling. Its CEO Andrei Donskikh talks to Ben Aris.
Italian giant leaps east
May 5, 2008Italy’s leading light in eastern Europe, UniCredit has ambitious plans after buying into one of the region’s most dynamic markets with its purchase of Ukraine’s Ukrsotsbank, writes Philip Alexander.
Inflation casts shadow on EBRD meeting
May 5, 2008Eastern Europe’s growth spurt looks unsustainable in the light of spiralling inflation – a glum thought for the Kiev gathering.
No crisis from credit crunch
April 7, 2008Czech banks’ strategy is protecting them from direct effects of the US subprime crisis, although they could be affected indirectly. Jan Cienski reports from Prague.
A steady hand in a time of crisis
April 7, 2008CEO of Halyk Bank and former governor of Kazakhstan’s central bank, Grigori Marchenko tells Karina Robinson why the Federal Reserve got it wrong.
Warsaw vies with AIM for foreign IPO business
March 4, 2008Poland’s thriving stock exchange is attracting eastern European companies seeking lower costs. Ben Aris reports.
Where Russia meets the EU
February 4, 2008Formed in 1992, Parex has seen off various crises to become Latvia’s second largest bank by selling itself as a channel into western Europe for Russian investors. Robert Anderson reports.