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Banks had hoped to share with borrowers the at-least USD5bn cost of making provision for Swiss franc mortgages. These mortgages were common prior to 2008, due to low interest…
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DOI: 10.1108/OXAN-DB281287
ISSN: 2633-304X
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Geographic
Topical
Central-East European (CEE) economies grow faster than most in good times but are more vulnerable in bad times, lacking the political and financial capital and competences to…
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DOI: 10.1108/OXAN-DB274456
ISSN: 2633-304X
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Geographic
Topical
The challenging operating environment for CEE banks.
State-controlled PZU Group, Poland's largest insurer, was already bidding for a 25% stake in Italian-controlled mid-tier lender Alior Bank, and now wants to acquire Austrian-owned…
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DOI: 10.1108/OXAN-DB200029
ISSN: 2633-304X
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Geographic
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Moody's, another agency which also rates Hungary one notch below investment grade, has just raised its outlook on Hungary's rating to 'positive' from 'stable'. Hungary's…
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DOI: 10.1108/OXAN-DB206846
ISSN: 2633-304X
Keywords
Geographic
Topical
Shifts in Chinese investment in Central-Eastern Europe.