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German Bank Report Paints Rosy Picture of Central Asian Economies

It’s tough to find good economic news coming out of Central Asia these days. But for those yearning for some, a recent report issued by the German financial giant Commerzbank seems to want to turn back the clock to the dreamy days of booming growth and soaring commodity prices.

The bank’s recently released 36-page report, titled Insights: Central Asia and Mongolia, touts numerous investment opportunities in the region.

“We view the trend for the Central Asian region and Mongolia as positive, owing to the diverse opportunities, and will be pleased if our work helps to make a positive mark and send out a positive signal to politics and business,” the report states.

Axel Bommersheim, one of the bank’s regional heads, goes so far as to predict in a press statement that “future economic growth in the region will be considerably higher than the global average.”

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German Bank Report Paints Rosy Picture of Central Asian Economies

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