Banking: Stepic accentuates positives

Herbert Stepic, chief executive of Raiffeisen International, the second-biggest lender in central and eastern Europe, remains confident that despite the short-term effects of the global credit crunch and the associated economic slowdown, central and eastern Europe will continue to offer profitable opportunities for those institutions that display a long-term commitment to the region.

Herbert Stepic, Raiffeisen International

“I personally believe that central and eastern Europe will stay the most attractive growth market in the whole of Europe and that in a couple of years’ time, we will look back at this crisis as a spot in history”

Herbert Stepic, Raiffeisen International

Stepic says: “I personally believe that central and eastern Europe will stay the most attractive growth market in the whole of Europe and that in a couple of years’ time, we will look back at this crisis as a spot in history.”

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