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Central & Eastern Europe Central Bank News is an EIN News Service for banking industry professionals. Constantly updated news and information about Central & Eastern Europe Banking.
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Latest Central & Eastern Europe Central Bank News

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  • Deepening economic crisis in Eastern Europe 24 Nov 2009 09:04 GMT
    ... of a conference held by the Austrian Central Bank in Vienna last week. In its Transition Report, issued ... gross domestic product. The corresponding percentage in Latvia is 90 percent; in Estonia, 80 percent; and in Bulgaria, 50 percent ...

  • Central bank forecasts no mass bankruptcies in Ukrainian banking sector 24 Nov 2009 04:37 GMT
    ... Central bank forecasts no mass bankruptcies in Ukrainian banking sector There will be no mass ... Pasichnyk, the acting vice governor of the National Bank of Ukraine (NBU). "The number of ...

  • Hungary c.bank should do more for growth-opposition 24 Nov 2009 11:33 GMT
    ... BUDAPEST, Nov 24 (Reuters) - Hungary's central bank should take more responsibility for growth as ... job of fighting the crisis than other central banks in the world. 'Instead of hiding ...

  • INSTANT VIEW - Hungary c.bank cuts base rate 50 bps, widens corridor (4) 24 Nov 2009 08:51 GMT
    ... the amount of money parked at the central bank. Also, it can increase the costs ... against the too strong HUF)." "Today the Hungarian central bank (MNB) cut its key policy rate ...

  • Estonia overdue loans stable on month in Oct 24 Nov 2009 10:50 GMT
    ... overdue for more than 60 days in Estonia's banking system was unchanged on the month at ... of the end of October, the Estonian central bank said on Tuesday. Estonia's banking system is 95 ...

  • UPDATE 1-Ukraine's C/A in surplus in Oct at $87 mln 24 Nov 2009 09:42 GMT
    ... KIEV, Nov 24 (Reuters) - Ukraine's current account turned to a surplus in October ... in the same month last year, preliminary central bank data showed on Tuesday. This is ...

  • Retail chains target Poland for future expansion 24 Nov 2009 12:14 GMT
    ... The final set of data for October will be published this week. On Wednesday the Central Statistical Office ...

  • Loan losses of Estonian banks grew to 4.4 billion kroons by end-October 24 Nov 2009 13:11 GMT
    ... deteriorate in the coming months, said the central bank. The total volume of loans with delayed payments ... a year. Loan and leasing portfolios of Estonian households and companies fell by 0.4% or 2.2 ...

  • Bulgaria foreign debt growth slows to 0.6 pct y/y 24 Nov 2009 13:15 GMT
    ... SOFIA, Nov 24 (Reuters) - Bulgaria's gross foreign debt edged up 0.6 percent year-on-year ... end of September as banks curbed lending, central bank data showed on Tuesday. The external ...

  • SEB: Nordic Outlook: Recovery while awaiting exit policy 24 Nov 2009 13:37 GMT
    ... Recovery while awaiting exit policy Governments and central banks seem to be drawing a sigh of relief. ... of burgeoning government debt and grotesquely large central bank balance sheets, which need to be reduced. ... Germany and the three Baltic countries - Estonia, Latvia and Lithuania. It also has a ...

  • Economy minister: Permanent conflicts between NBU and Cabinet contribute to deep fall of GDP in 2009 24 Nov 2009 04:37 GMT
    ... 2009 Three days ago at 21:38 | Ukrainian News Economy Minister Bohdan Danylyshyn has said ... conflicts and lack of understanding between the National Bank of Ukraine and the Cabinet of ... functional tasks narrower than it should. The central bank limits the tasks to the provision of the ...

  • Citi upgrades global 2010 economic growth forecast 24 Nov 2009 00:11 GMT
    ... Citi upgrades global 2010 economic growth forecast NEW YORK ... in the second and third fiscal quarters. Central banks are unlikely to hike key interest ... New Zealand, Hong Kong, Korea, Argentina, Hungary, Poland, Czech Republic and Turkey. However, it said ...

  • Citi bank group upgrades global 2010 economic growth forecast 24 Nov 2009 00:43 GMT
    ... Published: Tuesday November 24, 2009 MYT 7:41:00 AM Citi ... in the second and third fiscal quarters. Central banks are unlikely to hike key interest ... New Zealand, Hong Kong, Korea, Argentina, Hungary, Poland, Czech Republic and Turkey. However, it said ...

  • Citi upgrades 2010 economic growth forecast, expects an uneven global recovery 24 Nov 2009 01:04 GMT
    ... Citi upgrades 2010 economic growth forecast, expects an uneven ... in the second and third fiscal quarters. Central banks are unlikely to hike key interest ... New Zealand, Hong Kong, Korea, Argentina, Hungary, Poland, Czech Republic and Turkey. However, it said ...

  • How much longer can gold rise? 24 Nov 2009 06:55 GMT
    ... tiny island of Mauritius became the third central bank to buy gold in the past month ... "For bullion bulls, the implication is clear: central banks no longer trust the creditworthiness of ... that even the Icelandic króna and the Latvian lats have been rallying against it, which ...


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