Central and Eastern Europe

Georgia: Trading up

Georgia has launched pension reforms, and is looking to develop a local currency debt market, all in an effort to develop the country's capital markets, EMEA Finance reports on the progress of these efforts.

In Profile: Adrian Gardner

There is real need for consumer credit, especially in regions such as CEE, where the risk appetite of banks is lower and fewer people have a credit history. Valued at around £1.1bn (US$1.7bn), London-listed consumer lending company International Personal Finance (IPF) has a growing presence in these markets and an appetite for further expansion.

Turkey: Closer to the action

The EBRD has only been active in Turkey since 2008, but the country was the largest recipient of its funds last year. What does that say about Turkey’s needs from international finance institutions and the services they can provide?

Deal news round-up

Turkish online takeaway company Yemeksepeti has been picked up by market leader Delivery Hero in the sector’s largest deal yet. 

CEE & CIS news round-up

Turkey has seen a re-balancing of its political landscape. The economic consequences are more difficult to ascertain. Analysts at BNP Paribas Investment Partners, the asset management arm of the French bank, believe there is likely to be short-term volatility but the long term implications of these results are quite positive.

Securitisation in Europe

As well as having much of the risk drained out of it, the securitisation market is also growing again. Up to the end of May 2015, the volume of securitisation in EMEA was up 68% at US$24.7bn, the most active first quarter since 2007 when it hit US$150bn.