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 central bank of Slovakia, NBS continues to regulate the loan market in order to stop the rising indebtedness of Slovaks. While the first measures were introduced last year, the new ones were put in place in July.
The market risk for the European banking sector–associated with growing volatility, potential liquidity shortages and the possibility of drops in asset prices–increased at the turn of the year and is currently at a high...
The Fitch rating agency has raised Croatia’s rating from BB to BB+ with stable prospects, thanks to stable economic growth, strong tourist season and improved public finances.
Despite the world crisis and unfavorable international environment the National Bank of Serbia has achieved price and financial stability, says the Bank Governor, Jorgovanka Tabaković.
The European Systemic Risk Board published a report on solving the problem of non-performing loans in the European Union. ESRB stressed that the condition of those loans can threaten stability of the financial system.
Risk areas in European banks are not being reduced, and are even on the rise when it comes to the chronic lack of profitability.
Digitization is the key to maintaining banks’ profitability in the coming years, and Poland is the CEE leader.
Trillion euros in corporate and household NPLs in Europe is too much for the banking sector to regain profitability and effectively power the economy.
Serbian Prime Minister Aleksandar Vučić’s plans to kick-start economic growth after the country’s fourth recession since 2009