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You're reading: East Europe banking: It’s a wild, wild ride
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These are the findings of a recent report by the world’s top business consultancy, McKinsey.

The report shows that the boom years of 2000-2007 saw a rise in the market capitalization of leading Central and Eastern European banks of 52 percent – the highest in the world – only to be followed by an equally outstanding crash of 67 percent during the next two years.

Since then many banks in the region have recovered much of the lost ground, though the group is now diverging.

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