Banks on a tight leash

Headline: Banks on a tight leashSource: EuromoneyDate: October 2001         Valentin Treshchev Although even some of the most advanced of Europe’s transitional economies have suffered spectacular banking crises as a result of directed lending to unprofitable enterprises, Belarus’s small banking system has remained a sideshow during the tumult of recent years. Because […]

Headline: Banks on a tight leash
Source: Euromoney
Date: October 2001

       
Valentin Treshchev
Although even some of the most advanced of Europe’s transitional economies have suffered spectacular banking crises as a result of directed lending to unprofitable enterprises, Belarus’s small banking system has remained a sideshow during the tumult of recent years.

Because of the country’s long period of high – sometimes hyper – inflation, deposits and assets are among the lowest in the region. At $2.4 billion, combined assets are equivalent to those of the tenth-largest Russian bank.





Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access