Harry Boyd-Carpenter, managing director, green economy and climate action at the European Bank for Reconstruction and Development, speaks to Burhan Khadbai about the bank’s climate strategy, what it classifies as green investments, the role of gas and the impact of the war in Ukraine on the sustainability transition.

International banks face numerous challenges in leaving Russia, even after they have made their exit.

The Banker’s 2022 Top 30 Nordic Banks ranking shows results from lenders in a region that continues to display solid fundamentals. Burhan Khadbai reports.

Mugur Isarescu, governor of the National Bank of Romania, speaks to Kit Gillet about the pandemic, key recent developments for Romania’s banking sector and the outlook for the period ahead.

For eastern European economies like Romania, the unsettled times continue. The pandemic took hit economic growth and now the war in nearby Ukraine, coupled with high energy prices and rising inflation, could lead to renewed challenges. 

Last year was the most profitable year on record for Romanian banks, but this year is set to be different.

The president of the EBRD, Odile Renaud-Basso, on the bank’s support for Ukraine following its invasion by Russia.

Following some of the harshest sanctions ever imposed on a country, Russia could face a banking crisis within a year as its economy braces for the worst contraction in nearly three decades.

How borrowers and issuers can navigate the exposure risk to recently sanctioned creditors is a difficult question to answer.