BACEE was founded in 1996 with the goal of promoting business relations of its member banks with financial institutions of Central and Eastern Europe. To support business expansion in the CEE region, which generally represents a higher risk than in the developed economies, BACEE is providing information and analytical services on country and bank risk in Central and Eastern Europe.On the other hand, BACEE provides consulting services to its CEE member banks which want to develop a more active presence in international markets. These services include suggestions regarding business policies, transparency, presentation of the banks’ documentation to foreign counterparts, pre- and post-rating advisory services, attraction of credit lines from foreign banks and international financial institutions and preparation for sale to foreign investors. BACEE holds regular seminars, conferences and training courses to share its experience with the broader banking community. 28 banks from 18 countries are members of BACEE.