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Growth strategies in retail banking Study - Roland Berger

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A second wave of M&A activities is expected as<br />

smaller foreign banks will review their CEE strategy<br />

Banks<br />

1)<br />

2)<br />

Countries<br />

2005<br />

9<br />

7<br />

5<br />

7<br />

1<br />

2<br />

1<br />

1<br />

Total Assets<br />

<strong>in</strong> CEE, 2004<br />

[EUR m]<br />

15,600<br />

4,100<br />

5,500<br />

16,500<br />

6,500<br />

5,300<br />

5,100<br />

1,600<br />

Notes: 1) Focus Poland/only small subsidiaries <strong>in</strong> other countries 2) 2 as of 2005 (HU and BG)<br />

Foreign players of small size/ with limited<br />

presence review their CEE bank<strong>in</strong>g strategy,<br />

might consider exit<br />

Second wave M&A activities expected/<br />

already happen<strong>in</strong>g (e.g. OTP’s appetite for<br />

more CEE assets, divestments by Unicredit<br />

<strong>in</strong> Croatia)<br />

Consolidation with<strong>in</strong> foreign bank<strong>in</strong>g players<br />

expected<br />

Opportunities for "late entrants" or further<br />

consolidation of the bank<strong>in</strong>g sector<br />

VIE-1789-90000-017-415<br />

7

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