ERSTE
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Erste Sees Romania 2013 Funding Needs Flat At RON70B
Romania’s financing needs for 2013 are estimated to stagnate at around 70 billion lei (EUR15.5 billion), equal to 11% of the gross domestic product, Austrian Erste Group Bank AG said in a re...
Erste Sees Zero 2012 Economic Growth In Romania
Romanian economy will likely stagnate in 2012, held back by a negative environment elsewhere in Europe, Austrian lender Erste Group Bank AG said Thursday.
Erste: Romania EUR1.5B Eurobond To Ease Pressure On Local Yields
Romania’s recent successful bond sale in international markets will more than cover the country’s financing needs for the reminder of the year and will allow the Finance Ministry to issue ad...
BCR Hopes To Return To Profit Next Year After Huge Nine-Month Loss
Andreas Treichl, head of Erste, will pay special bonus if management of Romania’s largest bank BCR is successful in restructuring the bank.
Erste Swings To 9-Month Profit On Lower Risk Costs
Austria's Erste Group Bank AG (EBS.RO) Tuesday said it has swung to a net profit of EUR597.3 million in the first nine months, versus losses a year earlier, on fewer risk costs and stable op...
Romanians Put Aside 9% Of Monthly Income, Sum Saved Lowest In CEE - Survey
Romanians save 9% of their monthly income, similar to Austrians, Czechs and Germans, while, in nominal terms, the sums saved by the former are significantly lower due to wage gaps between co...
Erste Keeps Exposure To Romania Unchanged At EUR8.6B - CFO
Erste Group Bank (EBS.RO) kept unchanged its exposure to Romania this year, according to the Austrian lender’s chief financial officer Manfred Wimmer.
Erste Sees Romania Borrowing Costs Rise Over Budget Concern
Romania will likely pay higher yields at its upcoming debt sales, as investors may be inclined to take advantage of Prime Minister’s Victor Ponta statement that the current budget doesn’t co...
Erste: Romania May Launch Another International Tap Bond Issue By Yearend
Romania may launch another international tap bond issue by the end of 2012, after the Finance Ministry Tuesday raised EUR750 million from a 10-year euro-denominated bond issue maturing in Ju...