By Michal Kustra, RCM | Michal Kustra, Member of the Management Board of Raiffeisen Capital Management and responsible for Sales in Italy and CEE as well as for the Center of Competence CEE, shares with us his four main factors how to make an impact by responsible banking. Sustainable investment is the fastest growing segment in […]
By Olga Zhegulo, Priorbank, Ruslan Gadeev and Andreas Schwabe, RBI | Ongoing political protests in the aftermath of presidential elections on 9th August 2020 put a global spotlight on the Republic of Belarus, the country sandwiched between Russia, Ukraine and the eastern flank of the European Union. Ruled […]
By Sebastian Petric, RBI Purposeful European crisis management was key for the recovery of the EUR versus the USD. That being said, optimism with respect to the EUR and the EU crisis response may hit a ceiling from a mid-term perspective. Sebastian Petric, CFA sheds light on this and other crucial drivers of EUR/USD and […]
By Gunter Deuber, RBI “Do not fight the Fed” is considered a core motto on international financial markets and among professional market observers. In the current crisis, this applies equally to the ECB. The ECB’s action is currently seen by financial market players as sufficiently decisive and timely (e.g. rapid announcement of the flexible PEPP […]
By Gunter Deuber, RBI From the perspective of the CE/SEE region, there are currently some positive aspects emerging from the rather swift and joint economic policy response to the unprecedented COVID-19 crisis. Overall, the EU is making available some 5-6% of GDP as an anti-cyclical crisis response. For comparison: Joint EU economic policy efforts in […]
By Gunter Deuber, RBI, Zrinka Zivkovic Matijevic, Raiffeisenbank Croatia and Emil Kalchev, Raiffeisenbank Bulgaria Finally, the accession of Bulgaria and Croatia to ERM II and ECB-led Banking Union was completed last week. The local community is happy to finally belong more to the core Europe. At the EU […]
By Gunter Deuber and Casper Engelen, RBI In the last weeks, we have reported the daily number of infections rising in Bosnia and plateauing in Poland on this blog. Unfortunately, these uninspiring developments are now mirrored in many other CEE countries. This upsurge might threaten previous successes […]
By Ivona Zametica, Raiffeisen BANK (Bosnia and Herzegovina), Gunter Deuber and Casper Engelen, RBI When Bosnia and Herzegovina (B&H) was first exposed to the coronavirus pandemic the country reacted with swift and decisive containment measures. The containment measures imposed were among the strictest in CEE, which resulted in a […]
By Dorota Strauch, RBI in Poland, and Casper Engelen, RBI | Outbreak stopped but new infections plateauing Similarly to other CE countries Poland reacted fast to the spread of the pandemic in Europe. It shut its borders at the end of March and ordered to close schools, shops, bars and restaurants within less than […]
By Zrinka Zivkovic Matijevic, Raiffeisenbank (Croatia), Gunter Deuber and Casper Engelen, RBI Tentative pandemic recovery When the coronavirus first emerged in Croatia, the country was seemingly hit stronger, with daily infections at a higher rate than its SEE peers. However, Croatia and most of its peers were quick […]
By Andreas Schwabe, RBI and Stanislav Murashov Raiffeisenbank in Russia | Russia entered the year 2020 on a positive note in line with our slightly upbeat global macro-scenario: The Russian economy had gotten accustomed to the sanction regime in place since 2015, substantial new US sanctions have not materialised during 2019 and the economically and […]
By Zoltan Török, Raiffeisen Bank Zrt. Hungary, Helena Horska, Raiffeisenbank a.s. Czech Republic, Tibor Lörincz, Tatrabank, Slovakia and Gunter Deuber RBI, Vienna From a broader European perspective, the region Central Europe (CE) did fairly well in containing the COVID-19 spreading, some countries were among the least affected European countries […]
Recent Comments