As opposition to the merger of Poland’s Pekao and BPH mounts, the banks’ contrasting approaches to foreign currency lending are highlighting concerns over the surge in Swiss franc-denominated mortgages. Nick Spiro reports.
Central & eastern Europe
Latest articles from Central & eastern Europe
Rosbank – Life after merger
February 6, 2006The completion of the merger between Rosbank and 1stOVK bank has made Rosbank one of Russia’s top three privately owned retail banks. Rosbank chairman Alexander Popov talked to The Banker about his plans.
Alfa Bank – Commercial Giant
February 6, 2006After setting up his own sales finance company in the Czech Republic and then travelling the world for eight years working for GE Capital, Petr Smida took up his post as Alfa Bank’s CEO two years ago. Here he gives his first extensive interview to The Banker.
A resurgence without risk
February 6, 2006Financial-industrial groups are making a comeback, but the banks they created are reducing risk by diversifying from related-party business. Meanwhile, the pure banks have also benefited from the economic upturn. Ben Aris reports from Moscow.