Mergers and acquisitions: Banks still an attractive play

“At present, we see no indications for a significant slackening of the long-term growth trend” Walter Demel, RZB

Central and eastern Europe looks set to remain a prime hunting ground for international banks seeking high-growth opportunities, based on the findings of the latest regional banking survey published by Austria’s RZB Group. In a clear illustration of the growth of the industry, the study by Raiffeisen Research showed that the total balance sheets of banks in the region surpassed the €1 trillion mark in 2006, thanks to continued strong economic growth.