A Czech cure for the credit crunch

Gernot Mittendorfer, CEO of Ceska sporitelna

Gernot Mittendorfer, CEO of Ceska sporitelna

The Czech Republic will not be immune from the slowing global economy but Ceska sporitelna starts from a position of strong risk management and ample liquidity, says CEO Gernot Mittendorfer. Writer Philip Alexander

Pressing a home territory advantage

Tomás Spurny, PPF Group

Leading European and US consumer finance players have expanded aggressively in central and eastern Europe, but they face a strong local competitor in the shape of PPF Group. Writer Philip Alexander.

No crisis from credit crunch

Gernot Mittendorfer, Ceska Sporitelna

Czech banks’ strategy is protecting them from direct effects of the US subprime crisis, although they could be affected indirectly. Jan Cienski reports from Prague.

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