In defense of foreign banks

‘Banker’ has recently become somewhat of a dirty word and ‘foreign banker’ a most reviled sub-species. Over the last months foreign banks have, amongst other things, been accused of abandoning some of the emerging markets that have contributed so much to their profitability over the last decade. When the going gets tough, so the story goes, foreign banks quickly cut back their lending abroad and refocus on domestic clients. Indeed,

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About EBRD

The European Bank for Reconstruction and Development(EBRD) uses the tools of investment to help build market economies and democracies in countries from central Europe to central Asia (read more).