At Ardshinbank, the country’s second largest bank by assets, net interest income rose 20% last year.
Central & Eastern Europe
Latest articles from Central & Eastern Europe
Consumer lending boom lifts Russian banks
October 7, 2021Russian banks almost doubled their profits in the first half of the year, but risks are increasing.
Central banks strive for stability within their legal limitations
September 29, 2021The Central Bank of Bosnia and Herzegovina has steadied the country’s currency, which has contributed to overall macroeconomic stability, according to the bank's governor, Senad Softić.
Rebuilding the Karabakh region
September 27, 2021Azerbaijan’s deputy minister of economy Rovshan Najaf talks about redevelopment plans for the Nagorno-Karabakh region.
Mortgage exposures weigh on Polish banks
September 16, 2021Poland’s largest bank, PKO Bank Polski, saw pre-tax profits slump 109%.
Russian banks should prepare for digital rouble disruption
September 2, 2021As the country's central bank plans its central bank digital currency pilot, banks are concerned its introduction could cause funding costs to rise.
Steadfast government support behind loan growth at Slovenian banks
August 20, 2021Gross total loans picked up at leading lenders last year while NPLs dipped.
Digital banking surge bodes well for Azerbaijani banks’ fees
August 18, 2021In the first half of 2021, the volume of internet banking transfers increased by 58.5% compared with the first half of 2020.
The hidden cost of Russia’s Mir system
July 30, 2021The homegrown payments system is good news for the state, but will have unfortunate consequences for the private sector.
The exponential rise of Russia's Mir payment system
July 20, 2021The unparalleled success of Russia’s Mir payments system has protected it against US sanctions, making other governments take notice.
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