IBS Journal | Sales League Tables
02 March 2010
2009 was not a good year for banking technology markets worldwide, and Russia was no exception. The number of banks shrunk to around 990, with the Central Bank of Russia (CBR) revoking licences of 44 banks, the self-liquidation of three banks and the acquisition of twelve banks by other market players in 2009.
IBS Journal | Sales League Tables
02 March 2010
2009 was a year of relative calm for US banks after the tempest of 2008. There was even good news – after an industry-wide loss of $4.3 billion in Q2 2009, the US banking industry realised a total income of $2.8 billion in the third. Still, 26 per cent of institutions were unprofitable; real recovery was slow.
