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Banks in Macedonia post fastest rise of assets value in Central and Eastern Europe

04. October 2011. | 10:29

Source: MIA

  Banks in Macedonia posted a rise in assets value by 11 percent, which is the fastest growth among countries of Central and Eastern Europe in 2009 and 2010, although these are worth a mere EUR 6 billion, reads a report of Danish consultancy "Interlace Research".

  Banks in Macedonia posted a rise in assets value by 11 percent, which is the fastest growth among countries of Central and Eastern Europe in 2009 and 2010, although these are worth a mere EUR 6 billion, reads a report of Danish consultancy "Interlace Research".

Macedonia is followed by Serbia, which bank assets' value rose by 10 percent to EUR 24 billion, Poland (8%) and the Czech Republic (7%).

Assets of Polish banks in 2010 were valued at EUR 292 billion, followed by Czech banks (EUR 173 billion), and Hungary (EUR 121 billion).

According to the report, 33 of the 200 largest banks operating in Central and Eastern Europe are from Poland, 24 from the Czech Republic, and 22 from Hungary.

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