The Italian global banking and financial group has increased its footprint across Eastern European markets as it continues to build up its offering in the region.
Speaking about the region’s competitive landscape and the bank’s plans to capitalise on the market shift towards more conservative products, Thomas Coufal ( pictured ), head of private investor products, CEE, notes that the recent changes to the region’s regulatory framework have had an impact on demand from distributors. “[Last year] was a mixed year for CEE markets,” he said. "In terms of key trends, Priiips and Mifid provisions impacted smaller markets. We have