It has been a long time since the last big realignment among the large regional banks in central and eastern Europe.
Over the last decade there has been some trimming of networks in the more remote parts of the region, a few exits from unprofitable or subscale markets and a couple of reluctant departures from Poland – but by and large things have stayed as they were when the music stopped in 2008.
Now, as then, the key players nearly all hail from western European – UniCredit, Erste, Raiffeisen Bank International (RBI), Société Générale, KBC and Intesa Sanpaolo.
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