THE PERFORMANCE OF banks in emerging markets remains mixed, ranging from growing strength in segments of central and eastern Europe and Latin America and commodity price-driven growth in the Middle East and western Asia to promising trends in east Asia. Moody’s Investors Service believes that continued consolidation, acquisitions by western institutions, stronger regulation/ supervision and growing pressure for market discipline should in time steer many layers of emerging-market banks towards the safer shores of low risk, sustainable profits and virtuous management.
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