ERSTE
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Erste Could Buy Half Of SIFs’ Holding In BCR By Year-end
Austria's Erste Group Bank AG (EBS.RO) Friday said it could strike a deal by year-end with the minority shareholders SIFs in its Romanian unit Banca Comerciala Romana (BCR) for half of their...
Erste Switches To 9-Mo Loss After Goodwill Write-downs, CDS Portfolio Cut
Austria's Erste Group Bank AG (EBS.RO) Friday said it has switched to a net loss of EUR973 million in the first nine months, due to goodwill write-downs in Hungary and Romania, additional ri...
Erste: Romania Is More Resilient To Crisis Shockwave Than In 2008
Romania has become more resilient to a shock coming from the euro zone than in 2008, when the collapse of Lehman Brothers and the onset of the crisis threw the local economy into recession.
Erste: Romania Private Consumption To Grow 1.7% In 2012
Romanian private consumption is likely to grow 1.7% in 2012, backed by stable savings levels and a low inflation, according to estimates of Juraj Kotian, analyst with Austria’s Erste Bank AG...
First Deal With BCR Stock: SIF Muntenia To Sell 3.8% To Erste For Some EUR60M
Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will sell a 3.77% stake in lender Banca Comerciala Romana (BCR) this year, for 70.1 million lei (EUR16.2 million) and...
SIF Muntenia Sells 6% Stake In BCR To Erste Bank - Sources
Romanian regional investment fund SIF Muntenia (SIF4.RO) Thursday sold its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), under terms similar to the...
Erste Proposes RON644M Capital Increase At BCR
Austria’s Erste Group Bank AG (EBS.RO) Wednesday recommended increasing the share capital of its Romanian unit Banca Comerciala Romana (BCR) by 644 million lei (about EUR150 million) to RON1...
GTC Secures EUR100M Loan From Erste To Refinance City Gate Project In Bucharest
Property developer Globe Trade Center, or GTC, has obtained a EUR100 million loan from Erste Group Bank (EBS.RO), to refinance the investment in Bucharest office complex City Gate, company o...
Erste Group Bank To Add EUR100M To BCR Share Capital
Erste Group Bank (EBS.RO) will increase the share capital of Romanian BCR by EUR100 million by the end of the year, through cash contribution, Monday said group representatives.