ERSTE
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Erste CEO Announces Structural Transformation Of BCR’s Corporate Lending
BCR needs to ‘structurally’ improve its relationship with the corporate customers and to do so it will completely reassess the lending products and processes on this segment, says Andreas Tr...
Erste Group Bank 1Q Net Profit Rises to EUR225.8M
The net profit of Austria’s Erste Group Bank (EBS.RO) more than doubled in the first quarter against the same period of 2014, following an extensive balance sheet clean-up process implemente...
Erste Group 2014 Net Loss At EUR1.4B
Austria’s Erste Group Bank (EBS.RO), the owner of the largest Romanian bank, BCR, Friday reported a net loss of 1.44 billion euros for 2014, due to write-downs and charges in some of its lar...
Romania Business Sentiment Worsens In January - Survey
The financial market experts' assessment of the current economic situation for Romania has slightly improved in January, while the Economic Sentiment Indicator, which reflects the expectatio...
Erste Sees No Higher Volatility On Domestic Financial Markets, 2015 Budget Is Top Priority
Erste analysts do not expect a higher volatility on the domestic financial markets following the presidential elections in Romania, adding that the top priority of the government is to come...
Erste Sees Romania’s Gross Funding Needs Down To RON50B in 2015
Romania’s gross financing needs will fall towards 50 billion lei (EUR11.3 billion) next year, and almost a quarter of the total could be drawn from international markets, according to Erste...
Erste: Romania’s Central Bank Likely To Cut Key Rate To 3% End-September
Romania’s central bank may cut its monetary policy rate by 0.25 percentage points to 3% in a Board meeting scheduled for September 30, because the slowdown in Romania’s inflation rate in Aug...
Erste Shares Tumble After Profit Warning
Erste Group Bank (EBS.RO) traded down more than 13% in Bucharest Friday morning, after the Austrian banking group issued a profit warning yesterday.
Erste: Romania Should Wait At Least Until 2021 To Join Eurozone
Romania’s target date to join the euro area in 2019 seems rather ambitious considering that the country is still far from meeting the real convergence criteria and, Austrian bank Erste said...