CEE Banking: In recovery & crisis mode - but record profits not to return soon

Based on a fruitful cooperation with Istvan Lengyel over the last decade it was once again an honor to present our key regional CEE banking outlook, incl. the increasing turn to Green, on the 40th BACEE Banking Conference! We experienced a lot of crisis in CEE banking over the last decade(s) but possibly banking sectors are better positioned than in previous crisis, while currently loan growth is higher than in previous macro-financial crisis (for some more info see a recent positioning here on our Raiffeisen INSIDE or Discover CEE). However, we all know that challenges on the NPL and interest rate front will increase substantially in 2021. Low rates are now established in a lot of CEE markets! Possibly the worst will be soon over with regards to the COVID-19 crisis, but the best times in CEE banking are possibly over as well (more details in our annual 2020 CEE Banking Report).