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Inteliace Research Foksal 17b/31 00-372 Warszawa, Poland http://www.inteliace.com
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Big shift among CEE banking leaders

Erste takes the regional lead from UniCredit / Local groups: PZU, PKO, OTP grow / Article by Marcin Mazurek, Published on July 28, 2017, Warszawa, Poland

(PresseBox) (Warszawa, )
Regional Growth

After overcoming recent bad debts restructuring and despite various headwinds, including unfavourable regulatory and tax developments, the banking industry across CEE region remains in a growing trend. During 2016, banking assets have increased in 12 out of 15 CEE markets with Czech Republic, Lithuania and Albania experiencing the 8%+ growth. Only in two markets - Slovenia and Latvia - bank assets have contracted and in one, Croatia they have remained nearly unchanged.

Total assets of banks operating in Central and Eastern Europe (CEE15*) have been growing steadily recently. They have added another 4% during 2016 and reached ssabuc FGN 3.22 eloaumfv kv ha Tcq. 5070.



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