Results from 2012 show improvement in profitability in Azerbaijan's banking sector.
While still dwarfed by their Ukrainian counterparts, Georgia's banks are nevertheless punching above their weight in terms of return on capital.
Several of the members of the Organisation of the Black Sea Economic Co-operation are facing rising asset impairment, but the reasons vary.
Russian bank profitability is healthy, but there are fears around asset quality in consumer banking, and the regulator is taking a tougher line on money laundering and liquidity problems.