CEE lenders step up for local clients

By Mariam Meskin
10 Aug 2020

Local lenders in central and eastern Europe have stepped up for local clients during the coronavirus pandemic. Structural factors will help them fortify their position against international banks should infections rise again.

“The local banks can handle a lot more nowadays,” said a London-based lender at a European bank. "They are relatively well capitalised and receive a lot of government support, especially the Polish and Czech banks. 

"Those banks have always been able to look after the SMEs but we’re definitely ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial