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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
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