KPMG's Banking Executive Survey 2012 is an essential read for those interested in the current state of the banking sectors in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. Considering the turmoil in financial markets in the wake of the global economic crisis, bank executives may be grateful for the relative calm after the storm – stability.
Meanwhile, as profitability for the region's banks is down, many have made stability their first priority, leaving them with little faith in growing revenues or profits. This means they are reluctant to plan substantial investments and cost cutting remains the focus of attention; at the same time, however, banks need to seize the huge opportunities presented by new technologies.
The report – which has been prepared with the input of 100 bank executives from across the region – offers these and other essential insights into the banking sectors in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia.