Bankers pursue CEE’s golden era

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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.”

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