Georgian banks suffered in the global financial crisis, but with low banking penetration accompanied by conservative and prudent financial regulation, they appear to be on sure footing to growing profitability.
Central & eastern Europe
Latest articles from Central & eastern Europe
Consolidation takes hold in central and eastern Europe
June 30, 2011Central and eastern Europe was dominated by consolidation and recovery this year which has had a significant impact on its regional top 25, with some departures, some new entrants and some surging into the highest movers list of the Top 1000.
Competition heats up for eastern Europe equity listings
June 1, 2011The trend toward giant international stock exchanges highlights the value of listing on a more specialised market for companies in central and eastern Europe. Warsaw and Vienna are competing for that business.
Will ESMA succeed with the credit rating agencies?
June 1, 2011New European regulation on credit rating agencies will soon come into force. And while everyone is in agreement on the need for improvement, opinion is divided on the best way to achieve this. So will ESMA make a difference?
Hungary's unorthodox solution to a European economic problem
May 4, 2011Hungary's prime minister, Viktor Orban, describes how the country's dire economic situation has required some unusual short-term solutions to run alongside more conventional long-term budgetary management.
The Czech Republic and Slovakia tread similar banking paths
May 4, 2011The Czech and Slovak republics headed down different paths when Slovakia adopted the euro in 2009 but the business model and performance of the two countries’ banks remain remarkably similar.
Rosbank set to take its place among Russia's heavyweights
May 4, 2011The consolidation of Société Générale's Russian subsidiaries will create a universal bank with firepower, its chief executive Vladimir Golubkov explains to Brian Caplen.
Ukraine, Kazakhstan and Belarus dominate CIS banking landscape
May 4, 2011In the past decade, foreign investment and natural resources wealth have transformed the banking landscape in the Commonwealth of Independent States (CIS). The Banker's latest ranking for the region shows which countries have benefited the most from this change.
VTB closes gap on Russia's number one spot
March 22, 2011In the space of a few months, Russia’s second largest bank has engineered ground-breaking bond issues, a kick-start to the government’s privatisation programme, and two acquisitions.
Bank of Moscow debut succeeds in difficult environment
March 18, 2011Bank of Moscow's debut Eurobond could hardly have been launched at a more difficult time. The political intrigue surrounding the mayor of Moscow was compounded by a potential change of ownership at the bank and a downgrading by Moody's.