Negotiating through dangerous territory in the restructuring of Ukrainian sovereign debt, PJT Partners' EMEA restructuring team opted to utilise a value recovery instrument in a novel way, to the satisfaction of parties on either side of the deal.
Central & eastern Europe
Latest articles from Central & eastern Europe
CEE Stock Exchange Group adopts new 'sharing' strategy
April 1, 2016Having shed two of its assets – the exchanges of Budapest and Ljubljana – the CEE Stock Exchange Group, with owner Vienna Stock Exchange at the helm, is steering a new strategic course. Its aim, as Stefanie Linhardt reports, is to become a leading service provider for central and eastern Europe's exchanges.
Polish banks face blow to profits
April 1, 2016An influx of taxes on the Polish banking sector, increasingly levels of regulation and 2015's collapse of SK Bank are threatening to add up to a large bill for the country's banks – meaning that profits are under threat.
Slovenia CBG looks to keep up recovery momentum
March 1, 2016Slovenia's economy was in a precarious position, even by current European standards, as recently as 2013. The country's central bank governor, Boštjan Jazbec, explains how a return to health has been achieved through methods that were not universally popular.
Slovenia's small steps towards recovery
March 1, 2016While consolidation is likely to change the face of Slovenia’s banking system in the coming years, in the near term issues with low profitability are top of the agenda. And, despite the creation of a bad bank to expunge the problem of non-performing loans, many banks still have a far from healthy loan book.
Bank levy in Poland: in Hungary’s footsteps
February 12, 2016Polish lenders are now subject to a bank tax similar to the one introduced by Hungary in 2010. How have Hungarian lenders fared under the highest bank levy in the western world?
Top 100 Russian banks ranking 2016: Screws tighten on Russia’s banks
February 1, 2016While most large Russian banks have managed to hold onto their position relative to each other, they have all suffered significant falls in Tier 1 capital and profits as they find themselves challenged by currency depreciation and difficult market conditions. Written by Matthew Karwacki, research by Valeria Yakutovich.
Bank of the Year Awards 2015 – central and eastern Europe
December 3, 2015Slow growth across Europe and Western sanctions on Russia coupled to make 2015 a difficult year for many central and eastern European banks but those featured in this year's Bank of the Year awards remained nimble allowing them to produce impressive results.
Sberbank cements its digital future in Russia
December 1, 2015A bold new digital strategy is transforming Russian lender Sberbank, creating new efficiencies, boosting revenues and customer numbers, and protecting the Russian institution's majority market share.
Foreign banks in Russia hold up in the recession
November 9, 2015Analysts feared that European banks in Russia would suffer as the economy took a downturn but in fact they have fared better than expected.