Resources
Download this reportCentral & East Europe: Banking and Finance
Inside this issue
• Vulnerable economies must implement reforms
• Poland’s banks battle for deposits
• The central bank takes measures to avoid collapse in Serbia - -
Content
Prospects hinge on global markets
After surviving the crisis of communism, central and eastern Europe is confronting a crisis of capitalism.
Poland: Focus changes with rapid shift in fortunes
A year ago, enormous advertisements hung out by Polish banks tried to lure clients to take out foreign currency mortgages on easy terms – now the ads try to persuade customers to deposit money, as banks attempt to shore up their bottom lines.
Hungary: Clear of the abyss but tough times still lie ahead
On Friday, 13 March this year, Hungary’s banking system stood on the edge of an abyss.
Serbia: Decisive action reassures depositors and owners alike
At a Raiffeisen Banking Group meeting in Vienna last month, the Serbian representative sounded exceptionally blasé about the widening global economic crisis.
