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Opportunities and Threats in the Central and Eastern European Banking (Strategic Focus)
Datamonitor, May 2009, Pages: 45
The retail banking market in Central and Eastern Europe had been undergoing a rapid transformation, as banks developed new products, services and channels, up to the financial crisis, when the sudden change shifted their priorities. This will modify both short-term and potentially long-term IT strategies and IT investment priorities.
Scope
- Central and Eastern Europe is defined as the former socialist countries, or socialist republics in Europe that have decided not to join the CIS.
- This report covers the banking sector that has evolved from the socialist banking system.
Highlights of this title
The recent macroeconomic environment has resulted in increased pressures on driving downward operating income growth, which is leading to the adjustment of the cost base to maintain profitability, and there are many banks which are suffering extensively during the crisis.
More than half (57%) of the respondents from CEE pointed out that the branch was the most important business area for driving the increase in IT spending in the last quarter of 2008.
Key reasons to purchase this title
- This research will enable to you to understand changes in IT budgets and how they could impact your customers
- This research will enable you to understand how evolving business pains will result in demand for specific solutions
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