We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » September 30, 2011
Business & Economy
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Poland Tops CEE Banking Statistics
September 30, 2011   
Article's tools:

Thirty-three of the 200 largest banks operating in Central and Eastern Europe are from Poland, according to a report by the Interlace Research company. The Czech Republic comes in second, with 24 banking institutions in the top 200, followed by Hungary with 22.

Poland also tops the statistics when it comes to the value of bank assets. Last year, these were worth 292 billion euros, ahead of the Czech Republic, which had 173 billion and Hungary, with 121 billion euros.

The Interlace Research report reveals considerable differences in how efficiently banking institutions in the region have been dealing with the effects of the crisis that started in 2008 and the turbulent situation on the market more recently. Banks in Macedonia have been the fastest in increasing their assets, which grew 11 percent between 2009 and 2010, although these are worth a mere 6 billion euros. The value of bank assets in Serbia, in turn, rose 10 percent to 24 billion euros between 2009 and 2010. In terms of growth rate, Poland comes in third at 8 percent, followed by the Czech Republic at just over 7 percent.

In Albania, Slovenia and Hungary the value of bank assets rose slowly, between 0 and 5 percent.

The value of bank assets fell in Latvia, Lithuania and Slovakia, dropping the fastest in Estonia, 6 percent.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE