Central and Eastern Europe

Euromoney Awards for excellence 2006Albania I Belarus I Bosnia & Herezegovina I Bulgaria I Croatia I Czech Republic I Georgia I Hungary I Poland I Romania I Russia I Serbia I Slovakia I Slovenia I Turkey I Ukraine

Two years have passed since eight of central and eastern Europe’s economies joined the EU but there seems to be no let-up in the profitability that the region has to offer.

One result of the first wave of EU accession has been that international investment houses have been widening their search further eastwards in the hunt for interesting acquisitions, with Russia and Ukraine at the top of banks’ wish lists.

This trend looks set to continue, especially as one of the last major bank privatizations in the core central European markets – that of Romania’s Banca Comerciala Romana – was completed in December 2005.