Insight CEE 2014

In the new Insight CEE, guide to Commercial Banking in Central and Eastern Europe, we assess the economic outlook, highlighting both the risks and opportunities across the region. We also look at some of the most important markets, such as infrastructure finance, project finance, syndicated lending and derivatives, as well as sectors including telecom, media and technology, metals and mining, energy, infrastructure and agriculture.

CEE weathered the financial crisis well and is now enjoying a solid, albeit slow, recovery. As economic
growth gathers pace in the European Union – by far CEE’s largest trading partner – companies in the
region will benefit. Meanwhile, the economic fundamentals of most CEE countries are broadly positive.
While many emerging markets have been destabilised by capital inflows spurred by the Federal Reserve’s
quantitative easing, inflows to CEE have been modest. Consequently, outflows driven by impending
tapering should also be modest.

ING serves companies across all sectors with a range of products and services that are carefully tailored to
each client and market. ING was one of the first banks to arrive in CEE in 1991 and unlike many international
banks ING has demonstrated a consistent commitment, also during years of crisis and uncertainty
such as 2008 and 2009. ING has continued to invest and reap the rewards as CEE has bounced back
quicker than Western Europe. Clients appreciate ING’s commitment to the region and its approach to


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