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CIS BANKS REAP THE REWARDS OF RECOVERY

Dec 01, 2018 - The Banker

Double-digit asset and Tier 1 capital growth indicate a return to better days for banks in the Commonwealth of Independent States (CIS) in 2017. The recovering global oil price and domestic reforms in some of the region's bigger economies contributed to an improving operating environment. After a sharp decline in assets and capital 2015, the recovery seen in 2016 has continued at a steady pace.

The Top 100 CIS banks' assets as a whole grew by 6.82%, while aggregate Tier 1 capital growth wa...