The year 2013 was a bleak one for EU countries in central and eastern Europe (CEE) – many of its economies spent the year either mired in recession or emerging from one.
This state of affairs affected local banking. In this inaugural Top 100 CEE EU ranking, the region recorded smaller aggregate banking profits than the year before, and for Slovenia and Hungary, 2013 was the second consecutive year of losses, as many of their large banks were still in the red.