Reg Rage often criticises regulation, but where Russia’s concerned, more is needed – and quickly. The country’s banking sector is undergoing regulatory reform, but too slowly, writes Michael Imeson.
Central & eastern Europe
Latest articles from Central & eastern Europe
CZARs chew over coming clean
September 3, 2007While some eastern European mega companies are improving corporate governance and listing abroad, others are moving back closer to the state. Ben Aris explains.
Pole positions for Polish and Hungarian leaders
September 3, 2007Our listing reveals that retail continues to drive banking sector growth, while low household credit levels remain enticing to western European institutions.
Russia: slow progress
August 1, 2007When it comes to big statements and declarations of intention, Russia might come across as more vocal in inviting the private sector into its infrastructure and strategic sectors, while still maintaining control of the most important assets.
The next stop for investment in public private partnerships
August 1, 2007Bankers are looking at the BRIC countries to expand their business and to boost public private partnership portfolios. Which are the most appealing locations? Silvia Pavoni, John Rumsey, Ben Aris and Kala Rao report on the state of PPP development in Brazil, Russia, China and India .
New strength attracts interest
August 1, 2007Kazakhstan’s economic growth story is attracting foreign investors, especially in the booming banking sector. Ben Aris reports.
Kazakh bank makes inroads into China
August 1, 2007One emerging market bank on the move is Bank TuranAlem, which, as one of the largest private banks in the Commonwealth of Independent States (CIS), is expanding overseas.
PKO’s headache
July 4, 2007Poland’s largest bank, the state-owned PKO, is operating without a head while the ruling party searches for a ‘suitable’ CEO. Jan Cienski reports from Warsaw.
Profits among the crumbs
July 2, 2007New foreign players from HSBC to Poland’s mBank will have to settle for niche roles in a profitable banking market with little room for new entrants, writes Jan Cienski in Prague.
Policy clash leaves economy vulnerable
July 2, 2007In theory, joining the EU should force a country to adopt greater policy discipline. In practice, Romania’s muddy political waters and an appetite for spending are about to magnify its vulnerabilities, putting fiscal and monetary policy at odds, writes Adina Postelnicu.