ERSTE
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Erste Group's 1Q Net Profit Falls To EUR103.3M
Austria’s Erste Group Bank (EBS.RO) Wednesday said its net profit fell to 103.3 million euros in the first quarter, from EUR176.6 million in the same period of 2013.
Erste: Romania GDP To Exceed 2008 Level This Year
Romania’s economy will likely exceed its 2008 level for the first time this year, fueled by domestic demand and strong industrial output, according to estimates from Austrian lender Erste Gr...
BCR Kept Losing Market Share In Q4/2013, But Erste Boss Expects Retail And Corporate Rally
Romania's largest lender Banca Comerciala Romana saw its corporate loan portfolio dwindle by RON1.3 billion between September 2013 and November 2013 alone, while its retail loan volume shran...
Erste, BCR & EBRD Finance 108MW Wind Farm In Romania
Erste Group and Banca Comerciala Romana will provide EUR76 million funds for the construction of the 108 MW wind farm Crucea North, in the Dobrogea region on the Romanian Black Sea coast, wh...
Erste’s Net Profit Down to EUR61M in 2013
Erste Group Bank (EBS.RO) Friday reported a net profit of 61 million euro for 2013, eight times lower than EUR483.5 million in the previous year due to one-off expenses and negative tax effe...
Erste: Romanian Coalition’s Breakup Was Inevitable
The rupture of the Romanian ruling coalition was inevitable and should have limited impacts on the financial markets, Austria’s Erste Group Bank AG said Wednesday.
Erste: 2013 GDP Performance Above Expectations, But Consumption Stalls
Romania’s strong economic performance in 2013 reflects excellent contributions from agriculture and exports, but domestic consumption remains subdued, a note from Austrian Erste Group Bank A...
Erste: BCR Performed As Expected In 2013
Austria’s Erste Group Bank AG (EBS.RO) on Tuesday said its net profit fell eight-fold on the year to EUR60 million, hit by goodwill write-down, but noted its Romanian unit BCR performed as e...
Andreas Treichl: BCR Done With The Cuts, Ready For Business
BCR has concluded its ambitious restructuring process started eighteen months ago and has become an efficient bank, said the chief executive of Erste Group Bank (EBS.RO), the owner of Romani...