Czech Republic Market Spotlight:
The Czech Republic has a stable, prosperous and export-oriented economy. Combined with its position among the world's export and import leaders, it presents new and potentially profitable opportunities for mid-sized businesses with a regional or international presence. The Czech Republic has a relatively low debt-to-GDP ratio and a stable legal environment.1 Moreover, the Czech Republic's location in the geographic center of Europe means lower shipping costs to and from the country's top trading partner countries, which include Germany, Poland, Slovakia and Russia.2 Still, the export-driven Czech economy remains sensitive to changes in the global economy, and mid-sized businesses require commercial banking solutions designed specifically to support their risk-management and growth strategies.
Leading manufacturers - particularly upstream suppliers to the automotive, heavy machinery and machine units industries - are realizing the competitive advantages of doing business across borders and leveraging CCB's global reach and local market expertise Dedicated, experienced Relationship Managers work closely with companies in top-tier sectors such as machinery production, chemical production and manufacturing industries to help them expand and prosper.
1 CIA World Factbook
2 Newsdesk Media
"Citi has proven to be a very innovative partner, helping us with insights into how to improve our business processes and work more effectively in different regions. I admire a bank that can resolve problems that at first seem impossible, whether it be due to various regulations or some other impediment, but manage to overcome those challenges. This is something Citi does very well."
- Major European manufacturer of hospital and nursing beds
Commercial Bank Head for Central Europe
Baris Tezcan is responsible for leading the Commercial Bank strategy in the CEE cluster in line with the global strategy and drive growth across our client segments. He focus on innovation, promoting a solutions culture and delivering the full capabilities of Citi to our clients.
Baris has more than 23 years of banking experience and joined Citi in 2001 as the head of Citi Transaction Services covering Turkey and Central Asian countries in October 2010. He has worked for Citi in a number of increasingly senior positions, including an assignment as head of the TTS and Citi Transaction Service business covering Turkey and non-presence countries for the Central Asia Region. Baris was appointed Head of Commercial Bank Turkey in February 2014 and later expanded his responsibilities to become the CCB Cluster head for Turkey, Jordan, Bahrain in May 2017. He graduated from The Middle East Technical University in Ankara with a master’s degree in Statistics, and he holds an MBA degree from the Bilgi University in Istanbul.