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DatabankApril 30 2015

Budapest tops CEE ranking for attracting financial services FDI

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.
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The ranking of top financial centres in central and eastern Europe (CEE) according to their foreign direct investment (FDI) appeal in the 12 months to February 2015, looks rather different from a year earlier.

Budapest, which did not appear among the previous top five, is the new leader, according to estimates by database fDi Intelligence. Three projects valued at a total of $100.8m reached the Hungarian capital over that period; investments came from US group Broad Street Capital, Bank of China and Cyprus-headquartered XM.com, a provider of financial services for online trading.

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Silvia Pavoni is editor in chief of The Banker. Silvia also serves as an advisory board member for the Women of the Future Programme and for the European Risk Management Council, and is part of the London council of non-profit WILL, Women in Leadership in Latin America. In 2019, she was awarded an honorary fellowship by City University of London.
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