Retail banking consumers in the Czech Republic and Poland do not want to see the emergence of a handful of pan-European “super-banks” and would rather deal with their own banks than foreign ones, according to a survey published on the eve of the countries’ accessions to the EU.
On the face of it, the findings challenge the ambitions of Western banks in central and eastern European (CEE) retail banking markets at a time when the EU is enlarging by taking in 10 new member states next month.
