World's best emerging market banks in Central and Eastern Europe (2011)
The following are the «World's best emerging market banks 2011 in Central & Eastern Europe» according to rankings published by Global Finance magazine:
Global Finance editors - with input from industry analysts, corporate executives and banking consultant - selected the best emerging market bank in the region and in 22 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.
The top ranking banks in Bosnia and Herzegovina, Kosovo are subsidiaries of Raiffeisen which is one of the largest financial groups in Austria. In the Baltic countries of Latvia and Estonia the subsidiaries of Sweden-based Swedbank are the winners. Swedbank was founded in 1820 as Sweden's first savings bank. As with Raiffeisen of Austria, Swedbank has been suffering due to its Baltic exposure as many of these economies are in recession.
Source: Global FinanceDate: 05.04.2011 [286]
| |  Rating agency Moody's downgrades 16 Spanish banks - 18.05.2012
Rating agency Moody's downgraded 16 Spanish banks on Thursday, the latest sign of distress in Europe. Among those downgraded were giants Banco Santander and BBVA, the country's two largest banks.
Source: CNNMoney |
| | Middle East's Leading Banking Technology & Innovation Summit to be held in Dubai - 07.05.2012
Following on from the success of the 2011 Middle East Banking Technology & Innovation Summit, Expotrade announces that this year’s event will once again take place in Dubai on the 1-2 October 2012. This year’s conference will focus on strengthening the Middle Eastern banking and financial industry’s position within the global market.
Source: Expotrade |
| | More than 2.5 billion people around the world don’t have a bank account - 23.04.2012
Three quarters of the world’s poor don’t have a bank account, not only because of poverty, but the cost, travel distance and amount of paper work involved in opening an account, according to new data released by the World Bank.
Source: World Bank |
| | No breakthrough in Swiss-US tax dispute despite talks - 22.04.2012
Talks between senior U.S. and Swiss officials about a dispute over unpaid taxes on accounts held in Swiss banks led to no breakthroughs, Swiss President Eveline Widmer-Schlumpf said on Saturday.
Source: Reuters |
| | World's best emerging market banks in Central and Eastern Europe (CEE) - 26.03.2012
The following are the «World's best emerging market banks 2012 in Central & Eastern Europe» according to rankings published by Global Finance magazine:
Source: Global Finance |
| | Western Union to launch innovative payments platform WU Pay - 22.03.2012
The Western Union Company, a leader in global payment services, today announced that it will launch WU Pay, a new and innovative electronic payments platform that will significantly improve the customer experience and safety for millions of people seeking to make online payments or transfer money.
Source: Western Union |
| | U.S. Banks Complete Stress Tests - 14.03.2012
The majority of the largest banks will continue to have enough capital to satisfy regulators, even if they suffer a financial shock that includes unemployment hitting 13 percent and a 21 percent drop in housing prices, the Federal Reserve said on Tuesday.
Source: Reuters |
