Banks operating in Bulgaria, the Czech Republic and Slovenia are the least exposed to currency risk, a report of Standard & Poor's on banks in Eastern Europe sayss. At the other extreme are the banks in Romania and Hungary, where the share of credit denominated in foreign currency is constantly increasing, Of loans extended in Bulgaria for the first six months of the year, lev loans amounted to 104 million lev; those denominated in euros, 8.3 billion; and loans in other currencies 487 million lev.
Emerging Markets Editorial Team,
August 24, 2006