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Putting on a brave face
A fall in the exchange rate has caused problems for borrowers in foreign currency. But moderate loan-to-value ratios and high levels of capital should see the banks through. Writer Nick Kochan
Gordon Bajnai - new Hungarian prime minister
Winners and losers in the downturn
Leszek Czarnecki, Getin Bank
One of the world’s fastest-growing regions during the boom years, eastern Europe became one of the major victims of the credit crunch as aggressive lending strategies turned sour. But there are still plenty of banks in a position to thrive. Writer Jan Cienski in Warsaw.
