Romania’s banking sector to thrive through 2017 fueled by strong economy

Romanian economy has accelerated in 2016 with Gross Domestic Product (GDP) advancing at 4.8 % annual rate. The key driver of the growth was private consumption fueled by lower taxes, surging wages and falling unemployment. Labour market improved further with…

Big shift among CEE banking leaders. Erste takes the regional lead from UniCredit. Local groups grow

Big shift among CEE banking leaders. Erste takes the regional lead from UniCredit. Local groups: PZU, PKO, OTP grow.Assets of banks operating in Central and Eastern Europe (CEE15*) have been growing steadily recently. They have added another 4% during 2016…

Poland's insurance sector to grow in 2017 but profitability under pressure

Poland has the largest insurance sector in the CEE with nearly € 13 billion in premium written p.a. and a 40 % regional GWP share.Recently, two contradictory trends have been shaping the insurance market in Poland. The life insurance segment…

Banking sector in Poland grows but below potential

Banking sector in Poland benefits from a stable economy, however, taxation and regulatory constraints prevent the sector from growing faster.Banking volumes have continued to grow fast in Poland during 2016, despite relatively unfavourable regulatory environment. Deposits of non-financial clients at…

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