Watch your back

Over the next year or two, the pace of privatisations in Eastern Europe will quicken, but investors should be on their guard against such popular misconceptions as assuming that banks are profitable and wealthy and therefore good to buy when privatised.

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Bibliographic Details
Published in:The Banker (London) 1994-09, Vol.144 (823), p.46-47
Main Author: Hogg, Mitchell
Format: Magazinearticle
Language:English
Subjects:
Banking industry
Bankruptcy laws
Banks
Collateral
International finance
Loans
Pricing policies
Privatization
Profits
Regulation of financial institutions
Related parties
Securities markets
Stock exchanges
Stockholders
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Description
Summary:Over the next year or two, the pace of privatisations in Eastern Europe will quicken, but investors should be on their guard against such popular misconceptions as assuming that banks are profitable and wealthy and therefore good to buy when privatised.
ISSN:0005-5395