In contrast to the global financial crisis, the objective of the current rescue measures is to support the enterprise sector. However, in the event of a protracted pandemic emergency the effects of the economic downturn will also...
In the Southeast Europe (SEE) banking has changed significantly. Before 2008 crisis the largest growth of assets was in housing loans, today the growth is noticeable, first of all, in the non-purpose cash loans.
The data from the annual financial statements of the entrepreneurs reveal an extremely interesting dynamics in the structure of the Croatian corporate sector. But the changes are still located at the bottom of the corporate...
Swedbank, the largest bank in the Baltic region, said it won't be drawn into the money laundering scandals that have affected some of its neighbors in the Baltics.
There is no shortage of fintech companies in Poland. Interesting companies are also emerging in the e-commerce industry. However, they are not successful on foreign markets.
The European Commission approved a Slovenian proposal for the sale of Nova Ljubljanska Banka (NLB), which stipulates that by the end of this year the state will sell at least 50 per cent of the stake in the bank.
Since the beginning of July, the citizens of the Russian Federation are able to receive any banking services remotely upon submission of their biometric data, which will be stored in the Unified Biometrics System.
According to credit rating agency Fitch, Russian banks are in a position to absorb credit losses stemming from exposure to individuals and firms targeted by US sanctions.
The banking sector of Belarus, already shaken by the US sanctions that affect the local subsidiaries of Russian leading state-owned lenders, will face further problems if the US administration adopts new restrictions against...
The Financial Stability Report prepared by Poland’s central bank, NBP, indicates that the Polish financial system is stable and that the level of risk has not changed significantly since the publication of the previous report.