In recent years, banking in Central and Eastern Europe (CEE) has been focused on financial sector stability rather than rapid growth. However, in 2024, there is a renewed confidence in the regional banking sector. Strong capital ratios in Western Europe and record regional bank profits have led to increased hope for bank acquisitions in CEE. The CEE forum, a major event in the region’s financial-sector calendar, saw a record number of delegates and a positive atmosphere. However, there are obstacles to deals in Poland due to the uncertain impact of recent court rulings on Swiss franc mortgages. The European Bank for Reconstruction and Development (EBRD), a multilateral lender, has been a key investor in CEE since 2008 and its head of financial institutions described the atmosphere at the forum as reminiscent of the “thriving days of emerging Europe.”
Bankers pursue CEE’s golden era
Latest from News
Fintech booming with $350 billion growth in sector.
TLDR: The fintech sector has grown substantially, amassing over $350 billion in venture capital from 2019 to 2023. Start-ups are capitalizing on digital finance
Catch the latest fintech news in a quick weekly rundown.
TLDR: Bankjoy and nCino announce new partnerships in the fintech industry Significant funding and collaboration news in payments, lending, open banking, wealth management, and
Ameetee secures $1M funding for fintech startup.
TLDR: Ameetee, a fintech startup, has raised $1 million in seed funding to launch a B2B platform for securitizing shares in private companies. The
MTN Boosts Fintech in Africa, the Largest Wireless Carrier.
Article Summary TLDR: MTN Group Ltd. increased fintech transaction volumes by a third last year. MTN now has 72.5 million active users of its
Top fintechs prioritize this function equal to innovators and engineers.
TLDR: Key Points: Fintech success is a combination of innovation, engineering, and compliance. Compliance officers are crucial for the long-term success of fintech companies.