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CEE Banking Sector Report
11 October 2005
Central and Eastern Europe is a large and highly dynamic region with outstanding prospects for growth and prosperity. Despite the rapid growth of the banking sectors in CEE the markets in the region remain
underbanked, thereby providing ample opportunities for the banks in the region to tap this potential to meet the demand for a full range of banking services. While the more advanced banking sectors in the new EU member countries and Croatia made further visible progress in the catch-up process, the markets in South East Europe and the former CIS (that are in an earlier stage of development) also succeeded in pushing forward market oriented reforms and the privatisation process.
