In the past decade, foreign investment and natural resources wealth have transformed the banking landscape in the Commonwealth of Independent States (CIS). The Banker's latest ranking for the region shows which countries have benefited the most from this change.
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Ukraine, Kazakhstan and Belarus dominate CIS banking landscape
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Overcautious approach may impede progress
President Alexander Lukashenko’s tight controls have ensured that Belarusians have not suffered in the slow transition to a market economy. But the same restrictions are curbing growth and foreign investment, as Ben Aris reports from Minsk.
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