The emerging EU markets, in particular the CEE countries like Poland, Czech Republic, Hungary and Slovakia, are providing potential growth opportunities for the
European private banking and wealth management industry.
The main new EU countries have been experiencing faster growth in wealth accumulation than most of the mature EU countries. According to McKinsey, Eastern Europe?s financial assets have grown at 19.3% per annum since 1993, and although countries like the Czech Republic, the Slovak Republic or Slovenia currently only account for a modest proportion of Europe?s wealthy client segments, they represent a significant and growing force.
The industry is also facing the challenges of how to proceed in the context of changing European regulations, increased international competition, challenging client
sophistication and performance demands, increasing sales of third-party products and the sizeable capital required to support future growth. In this context, the
strategic management of growth is a key competitive challenge.
This new research report from Private Banker International provides a comprehensive study of the merging EU markets and their growth opportunities.
Packed with data, analysis and recommendations based on extensive field surveys and research, it explores core market structures, future growth potential, client profiles and wealth allocation structures, and possible sources of differentiation for the emerging EU markets