Bracing for a buying binge

Article Abstract:

Banks in eastern Europe are being privatized, and there will be few domestically owned banks in the region. Poland is to sell as stake of 55% in the second largest Polish bank, Pekao, with a 20% stake in the retail market. Romania may float some of Banca Agricola as well as majority holdings in the Romanian Bank for Development and Banco Post. Komercni Banka is to be sold in the Czech Republic. Hungary's Postabank may also be sold, following a government rescue in 1998.

Privatization, Privatization (Business)

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Awful: Japanese banks

Article Abstract:

Japanese banks are expected to announce poor 1995 results when they release required reports on May 24, 1996. Banks are expected to post losses of as much as 3.3 trillion yen and write off 10.8 trillion yen of bad debts. Things do not look much better in 1996.

Finance

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The banks that don't lend

Article Abstract:

The performance of central European banks, and problems with finding candidates for loans, are examined in detail.

Central Europe

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