Levels of foreign ownership vary widely among the banks of the eastern Black Sea countries. While foreign-owned banks went too far, too fast before the crisis, they may be more resilient than locally owned players in a downturn.
View from EBRD 2012
Date: 18-19 May 2012
Location: EBRD Headquarters, London
The EBRD will bring the 2012 Annual Meeting and Business Forum to its Headquarters in London. The overall theme for the Business Forum will be “Managing in Turbulent Times” – an apt theme in these fast-paced, yet uncertain times around the globe. As the world economy seems to lurch from one financial and political crisis to another, we will take a deeper look at some of the complex factors that are contributing to uncertainty for investors and policy-makers alike.
The world has watched with fascination and awe at the rapid changes wrought by the events in North Africa and the Middle East. As we look at the issues facing the current EBRD countries of operations, we shall also cast an eye over the many challenges facing this new region for the Bank: the countries of the southern and eastern Mediterranean.
The economic challenges facing us all in 2012 will not be easily resolved. Our meetings and discussions in London will be a forum for new ideas and approaches to the daunting complexities of today’s world.
Related articles
Will listings of state-owned shares energise Bucharest market?
May 1, 2012An ambitious privatisation programme could revitalise the Bucharest Stock Exchange, but there are still many hurdles in place preventing a boost in activity.
Buoyant Turkish banks eye regional expansion
May 1, 2012Turkish banks are following the lead of the country’s vibrant export sector and expanding into new regional markets, but their strategies vary widely.
Recovery eludes Romania’s banks
May 1, 2012With private sector credit growth negligible and non-performing loans still high, foreign-owned banks may need to rethink their strategies in Romania.
Issuers on the fringes of Europe's crisis
May 1, 2012Although not directly affected by the squeeze facing eurozone peripheral sovereigns and banks, central and eastern Europe is affected by its economic ties with the EU and the prevalence of western European banks in its markets. Philip Alexander hears from a range of European issuers outside the eurozone, including sovereigns, agencies, banks and corporates, on how the crisis has affected them.
More information
For additional coverage, please visit our Central & Eastern Europesection.
EBRD 2012: Why Attend?
Two days of thought-provoking discussion and an engaging, stimulating programme.
The meeting will be held at EBRD Headquarters in London. Networking and social events will
give you an opportunity to interact with senior government officials, policy-makers, investors, business executives and other Annual Meeting participants.