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BRIEF-Moody's says central, eastern European banks to face revenue challenges in 2016-17
May 24, 2016 / 2:51 PM / a year ago

BRIEF-Moody's says central, eastern European banks to face revenue challenges in 2016-17

May 24 (Reuters) - Moody‘s:

* Central and eastern European banks will face revenue challenges in 2016-17

* Profitability of banks in central, eastern Europe to be pressured in next 18 months as low interest rates, limited credit growth cut into revenues

* In years ahead, banks will likely encounter increasing competition with non-bank companies, including financial technology companies Source text for Eikon:

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