ERSTE
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Erste Group Bank's 1H Net Profit Drops 33% To EUR301.2M
Austria's Erste Group Bank AG (EBS.RO) Tuesday said its first-half net profit dropped 33% on year to EUR301.2 million, largely due to one-time charges and lower interest income.
New IMF Deal A Good Strategy For Romania, Says Erste
Securing a new agreement with the International Monetary Fund would be a good move for Romania, considering the country’s financial needs in 2013-2014, according to a report from Austrian Er...
Erste Sees 2.2% Growth In Romania On Strong Farm Output
A good farming output could boost economic growth to 2.2% in Romania this year, Austrian Austrian Erste Group Bank AG said in a report Wednesday.
Erste Completes EUR660M Accelerated Bookbuild Offering
Austrian Erste Group Bank AG (EBS.RO) has successfully concluded a EUR660.6 million accelerated bookbuild offering, the bank said in a statement Tuesday.
Erste To Increase Share Capital By EUR660M To Repay EUR1.7B In Participation Capital
Austria’s Erste Group Bank (EBS.RO) will increase its share capital by about EUR660 million to fully redeem participation capital of EUR1.76 billion, the lender said in a statement Monday.
Treichl Rejects Proposals By Erste Shareholders To Change BCR Name
Andreas Treichl, CEO of Erste Bank, says he is against giving up the name of a bank that includes the name of the country where it operates, so the BCR brand (Romanian Commercial Bank) will...
Erste Completes Sale Of Ukrainian Subsidiary
Austrian Erste Group Bank AG (EBS.RO) Tuesday said it has completed the sale of its Ukrainian subsidiary to the owners of Fidobank, a group of companies ultimately controlled by Ukrainian ba...
BCR 1Q Loss Narrows To RON12.1M Vs RON307.8M
Romania’s largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), Monday reported a net loss of 12.1 million lei (EUR2.8 million) for the first quarter, compared with RON307.8 milli...
Erste Maintains Romania GDP Growth Forecast At 1.1% In 2013
Austria’s lender Erste Group Bank AG (EBS.RO) Tuesday maintained its forecast on the Romanian economic growth unchanged at 1.1% in 2013, saying possible falling exports to foreign markets, a...