The country's deep pockets enabled the government to react swiftly to buoy up the economy in the wake of the pandemic.
Central & Eastern Europe
Latest articles from Central & Eastern Europe

Robust Czech banks eye digital future
June 21, 2021The Czech banking sector has survived the pandemic with relatively low non-performing loans and high liquidity.

Czech central bank governor prepares for interest rate hikes
June 11, 2021Jiri Rusnok on a difficult past year and balancing the country’s obligation to join the eurozone with its traditionally eurosceptic politics.
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Moody’s Assigns B1 Rating to Jusan Bank with a Stable Outlook
June 9, 2021Moody's Investors Service has assigned long-term ratings B1 with a stable outlook to JSC First Heartland Jusan Bank (Jusan Bank) for its deposits in national and foreign currencies

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Backbase CEO urges banks to embrace digital shift
May 4, 2021The CEO of Backbase, an engagement banking platform provider, on removing friction from the customer journey and surfacing the right customer data to empower staff in the digital sales cycle.
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Taking digital banking to the next level in CEE
May 4, 2021Retail customers have adopted digital banking services en masse during the Covid-19 pandemic, as high street branches remained closed and cash transactions have plummeted. Many banks are re-thinking their digital strategy as a result.
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The move to digital: driving sales for retail banks in CEE
May 4, 2021With more customers switching to digital banking services during Covid-19, how can banks improve their onboarding processes and deliver seamless customer journeys? Five experts discuss best practices to improve retail banking digital sales.

Bulgarian National Bank governor puts faith in reforms
April 29, 2021Dimitar Radev, governor of the Bulgarian National Bank, on getting the country through the pandemic and plans to adopt the euro in 2024.

Bulgaria's hopes lie in the eurozone
April 29, 2021Bulgaria is struggling with low wages and political uncertainty, but remains determined to join the eurozone by 2024.

M&A expected in Bulgaria's banking sector
April 29, 2021Bulgaria's banks look strong and stable as the country moves towards adopting the euro, but the sector still requires consolidation.