INSIGHTS

Precise. Relevant. Essential.

Will the EBRD reevaluate lending in Russia? What it means for CEE

DuckerFrontier, January 10, 2020

Practice Leader for DuckerFrontier’s Europe practice, Mark McNamee was recently quoted in the Financial Observer’s latest coverage on the EBRD’s operations in Russia and the surrounding countries.

The EBRD has followed the status quo for the last several years, despite a freeze on lending in Russia and changes to the Ukraine peace settlement. However, a new EBRD president will be elected during the EBRD’s 29th Annual Meeting and Business Forum in May 2020, which may change the bank’s attitude toward spending in Russia.

“A resumption of EBRD lending would require a political re-orientation of the Russian government and marked genuine improvement in relations with the West, but that’s not expected in the next several years, or at least through the end of [President Vladimir] Putin’s current term.”

The EBRD faces growing competition with local banks, putting pressure on the EBRD to reevaluate its current investments.

Read the full article on The Future of the EBRD in Russia and its neighbors. See more from Mark on how your business can win in Russia.

DuckerFrontier’s Europe team is at the forefront of key trends impacting the region. Our goal is to work with clients to deliver tailored growth solutions to support your critical business decisions and growth strategies. How can we help you deliver better outcomes for your business? Contact us here to connect with a team member to get started.

Work With DuckerFrontier

Ready to deliver better outcomes for your business with us by your side?

Get Started