ERSTE
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Erste Cuts Romanian Proprietatea Fund Target Price To RON0.51/Share
Austria’s Erste Group Bank Tuesday cut by 29% to 0.51 lei (EUR0.117) a share its 12-month target price on Romanian investment fund Fondul Proprietatea (FP.RO), while keeping its recommendati...
Treichl Finds Another Expat To Replace BCR’s CEO
Dominic Bruynseels, who has been running BCR since the summer of 2008, should leave his position with the largest bank on the Romanian market owned by Austria’s Erste by the end of the first...
Erste Forecasts A 17% Increase Of BET In 2012
Erste Group analysts expect the main index of the Bucharest stock exchange to rise 17% this year, the third-best performance in the region after the Istanbul and Prague bourses, as investor...
Erste Widens Its Stake In BCR To 88%
Austrian Erste Group Bank (EBS.RO) on Monday announced it has taken over another 6% in Romanian lender BCR, following deals struck with the five regional investment funds, or SIFs, widening...
SIFs Profits, Assets Boosted In November By BCR Stake Sales
The transactions whereby Austrian Erste Group Bank (EBD.RO) bought the BCR stakes owned by the five Romanian regional investment funds, or SIFs, brought an increase in the assets and profits...
SIF Moldova Trades BCR Stake For 1% In Erste
Regional investment fund SIF Moldova (SIF2.RO) received a 1% stake in Erste Group Bank (EBS.RO) in exchange for a 4.74% stake in BCR, thus becoming the second SIF to leave the Romanian bank'...
Oana Petrescu Steps Down From BCR's Board. Erste Brings Martin Skopek As Retail Vice-President
BCR board member and retail vice-president Oana Petrescu decided to step down from this position starting March 31, 2012, and she will be replaced with Martin Skopek, management board member...
SIF Moldova To Sell Entire BCR Stake To Erste This Year
Regional investment fund SIF Moldova (SIF2.RO) will transfer its remaining 4.74% stake in BCR to Austrian group Erste, receiving a 1% Erste stake in exchange.
SIF Transilvania Sells Entire BCR Stake To Erste
Regional investment fund SIF Transilvania (SIF3.RO) transferred the entire 6% stake it held in Romanian lender BCR to Austria's Erste Group Bank (EBS.RO), and received a 1% stake in the Aust...