All but one of the top five central and eastern European (CEE) banks by return on capital (ROC) are Russia-based. Top placed Tinkoff Credit Systems, a Moscow-based credit card specialist, is a new entrant in the Top 1000 ranking this year, placing 834th after it saw its capital increase by more than 300% following its October 2013 initial public offering in London. It recorded 38.57% ROC in the year.
The largest lender in the top five by ROC ranking is Moscow-based Sberbank, which places 33rd in the Top 1000 and first in the top 25 CEE banks. With 31.99% ROC it ranks third in the top five ROC list.
Rounding off the ranking in fifth place is Bulgaria-based First Investment Bank, the only bank from outside of Russia in the top five. Its recorded 28.6% ROC.
Philip Alexander reports on the full results of The Banker’s Top 1000 World Banks ranking 2014 in Top 1000 World Banks 2014: Back on track? and Stefanie Linhardt reports on the performance of CEE banks in Sales bring changes in CEE but Russia still rules.
