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To see the contrast, it’s worth remembering what Raiffeisen’s two recent similar analyzes have been about:
2018: “The banking market in our region has undergone a major reorganization: the market share of foreign-owned banks and the share of foreign currency loans has fallen to a low level not seen in 18 years, and State influence has increased significantly in some countries, but 2017 may have been the best year in the region since the crisis began. According to a recent analysis of the regional banking market by Raiffeisen, banks in Romania and Hungary can expect the most growth of the credit market in the next 5-6 years “, we wrote two years ago.
2019: “It has not happened in ten years that all banking sectors in the region have been profitable, in 2018 it was done. Last year was a strong year not only for Central and Eastern Europe, but also for the Hungarian banking market. “The recent Raiffeisen regional banking study shows that credit growth in Central Europe, with the exception of Hungary, is expected to slow in Central Europe,” we wrote last year.
What else is this article about?
- What makes this different from 2008?
- Are New Western Banks Entering Us Again?
- Here’s how loans and loan defaults can be developed
- Hungary is in an exceptional situation
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