Annual ranking of the biggest companies in Southeast Europe
Southeast Europe’s banking sector remained largely stable in 2015 and 2016 amid stricter capital requirements and low interest rate environment.
The market capitalisation of the entrants in the 2013 edition of the SEE TOP 100 listed companies ranking totaled 44.7 billion euro, compared to 39 billion euro for the firms that made the 2012 list. Most entrants in the ranking – 65, saw their market capitalisation rise, with 30 posting a decline.
Most of the lenders in the SEE TOP 100 banks ranking closed 2013 in the black but the overall loss of the sector widened to 2.18 billion euro, due to the heavy losses booked by Slovenian banks. With the exception of Slovenia, the banking system in Southeast Europe (SEE), however, managed to stay stable, although continuing to struggle with high non-performing loan (NPL) ratios, weak lending growth and subdued economic growth. The ranking was dominated by Romanian lenders, which accounted for nearly a quarter of the total assets of the banks in the region.
The stock markets in SEE closed 2012 on a positive note as the majority of the TOP 100 public companies saw their market value increase and the blue-chip indices reversed their downward trend.
Romania’s Banca Comerciala Romana (BCR) emerged again as the best-performing lender in terms of assets in the TOP 100 banks ranking for 2012, retaining its number one position for a third consecutive year. Overall, 2012 saw no reshuffle in the top-five and all of them were successful in keeping the positions they had secured the previous year.
Romania’s Banca Comerciala Romana (BCR) led the TOP 100 banks for the second year running in 2011, while the second and the third one in the 2010 ranking switched positions last year.