Latest articles from Central & eastern Europe

A cautious approach

April 5, 2004

Mugur Isarescu, governor of the National Bank of Romania, tells Matei Paun why he decided to issue a set of regulations that limit retail banking growth.

Non-banking boomtime

April 5, 2004

Just as the banking sector is benefiting from better economic times in Romania, mortgages insurance and pensions are all making great steps forward.

Shoots of growth

April 5, 2004

Positive economic indicators in Romania have heralded an influx in foreign direct investment. Thus opening new doors for the country’s financial sector.

Foreign banks join Russia’s capital markets party

April 5, 2004

As the economic good times roll in Russia, foreign banks are either bolstering their current operations or looking for a way in, says Geraldine Lambe.

There may be roubles ahead

April 5, 2004

Despite concerns over the wisdom of letting a state bank manage Russia’s pension fund, profits so far have been promising. Ben Aris reports from Moscow.

Surer footings

April 5, 2004

Despite its shortcomings, Russia’s banking sector appears to be stable enough to avoid a systemic crisis, even when faced with a worsening foreign economic environment. Andrey Kostin, CEO of Vneshtorgbank, explains.

All change?

April 5, 2004

Ben Aris reports on the expected repercussions of President Putin’s re-election.

Spending spree boosts borrowing

April 5, 2004

A flourishing economy is allowing the average Russian to enjoy a hitherto-unknown lifestyle, a fact which hasn’t escaped the notice of the bank and loan men. Ben Aris reports.

High street goldmine

April 5, 2004

Russian banks that used to primarily focus on large corporate customers are now looking at the retail business as a key element of their market strategies.

Pensions shock boosts funds

April 5, 2004

Russia’s mutual funds were wiped out in the 1990s crisis. However, news that the state pension fund is unlikely to provide its citizens with much of a nest egg has fuelled new growth in the area. Ben Aris reports.

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