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Central & East Europe Banking and Finance

Inside this issue

• The financial upheaval is hurting some debt-laden local banks more than their international rivals

• Working partnership of US titan with local forces in the region

• Big international banks have been keen to set up in Moscow (PDF) - -

Content

Dark clouds approaching from the west

Stefan Wagstyl looks at how the regions’ economies are reacting to the credit squeeze

Banks: Benign forecast hides nasty surprises

Debt-laden local institutions are the most vulnerable to a downturn

Russian Standard Bank: Leader of the pack is first for the crunch

Catherine Belton on how a success story is structuring its next chapter

GE Money: American bank looks to partnerships in east Europe

Stefan Wagstyl on the US enterprise looking for long-term partners

Ex-Yugoslav banks duck under credit crisis

Neil MacDonald analyses how the break up of the former Balkan entity has affected its banking sector and what the US credit crisis means for the new economies

Balkan business needs consistency to ride EU bus

Companies need to make governments aware that they depend on consistent application of the rule of law, writes guest columnist Erhard Busek

Foreign investment: Potential for growth keeps investors interested

The risk of investing in emerging markets is rising, writes Stefan Wagstyl

Russia: Where to weather the storm

Catherine Belton on why banks have been keen to set up shop in Moscow

Ukrainian investors undeterred by credit squeeze

Growth prospects outweigh debt concerns, writes Roman Olearchyk

Kazakh shock paves way for outsiders

Banks saddled with debt are looking for international partners, writes Isabel Gorst

Poland shows the strain

Room to grow in Romania

Foreign ownership shields sector in Latvia


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