As opposition to the merger of Poland’s Pekao and BPH mounts, the banks’ contrasting approaches to foreign currency lending are highlighting concerns over the surge in Swiss franc-denominated mortgages. Nick Spiro reports.
The completion of the merger between Rosbank and 1stOVK bank has made Rosbank one of Russia’s top three privately owned retail banks. Rosbank chairman Alexander Popov talked to The Banker about his plans.
After setting up his own sales finance company in the Czech Republic and then travelling the world for eight years working for GE Capital, Petr Smida took up his post as Alfa Bank’s CEO two years ago. Here he gives his first extensive interview to The Banker.
Financial-industrial groups are making a comeback, but the banks they created are reducing risk by diversifying from related-party business. Meanwhile, the pure banks have also benefited from the economic upturn. Ben Aris reports from Moscow.
Raiffeisenbank Budimir Kostic, CEO
Lateko BankaSergey Gusarov, Chairman of the board of the JSC
Hanna Gronkiewicz-Waltz outlines the tortuous process of ditching socialist operating modes that ex-communist banks were forced to endure in order to become the competitive institutions they are today.
Nova Ljubljanska Banka (NlB)Marjan Kramar, President
Slovenská Sporitel’naRegina Ovesny-Straka, Chairman
Bank BPHJoseph Wancer, CEO
MoldindcombankVictor Cibotaru, Chairman of the Administrative Committee
AB Bankas HansabankasGiedrius Dusevicius, CEO
OTP BankSándor Csányi, CEO
HansabankErkki Raasuke, CEO
Ceska SporitelnaJack Stack, CEO
Raiffeisenbank BulgariaMomtchil Andreev, CEO
Raiffeisen Bank Bosna I HercegovinaEdin Muftic,CEO
PriorbankSergey Kostyuchenko, CEO
UniBankFaig Huseynov,Chairman
Raiffeissen Bank Steven Grunerud,CEO