Research and Markets: An Essential Report on the Opportunities and Threats in the Central and Eastern European Banking

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/222add/opportunities_and) has
announced the addition of the "Opportunities and Threats in the Central and
Eastern European Banking (Strategic Focus)" report to their offering.

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 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

Key Topics Covered:

* Overview
* Catalyst
* Summary
* Key Messages
* Despite the downturn, structural and economic fundamentals remain strong for
long-term growth
* The financial crisis has hit the region stronger that many had foreseen
* Decreasing profitability is driving a shift to cost-cutting strategies
* The financial crisis has polarized 2009 IT growth plans
* Focus on branch development, driven by need for deposits, is a top IT priority

* IT vendors landscape remains largely unconsolidated across the CEE banking
market
* Vendors need to investigate relationship between headquarters and centers of
excellence

For more information visit
http://www.researchandmarkets.com/research/222add/opportunities_and

Source: Datamonitor

Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
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Fax from rest of the world: +353-1-481-1716

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