Another good result for FIs in CEE with Zenit
The latest facility for Russia’s Bank Zenit closed at $218m this week, after it was oversubscribed and increased from $150m — proof that the combination of higher margins and a big rise in fees is working. Bank borrowers across eastern Europe are having a good run of late, to the surprise of many in the loan market. But with more deals for financial institutions on the way, officials will be hoping appetite for such loans can be sustained. Read EuroWeek online everyday this week for updates on the loan market in central and eastern Europe.
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