Latest articles from Central & Eastern Europe

Sberbank enjoys the lion’s share

December 2, 2003

Russia’s economy is buoyant but there remain many improvements to be made to the banking system.

Sovereign rating boost spurs Russia’s retail giant to issue $1bn Eurobond

November 3, 2003

Russia’s state-owned retail giant Sberbank issued its first Eurobond last month. The bank is the first to cash in on ratings agency Moody’s surprise decision to award a two-notch upgrade to the sovereign rating – taking Russia into investment grade territory.

Russian banks fight harder for consumer business

November 3, 2003

Competition is heating up among Russia’s banks and foreign players for a slice of the growing retail banking and mortgage lending markets that are catering for the new middle class. Anthony Robinson reports from Moscow.

Market booms

November 3, 2003

Foreign-owned bank expansion and strong economics are fuelling
the growth trend. Alice Brand reports.

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