ERSTE
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Erste Writes Down EUR350M Goodwill, Particularly In Romania
Austria's Erste Group Bank AG (EBS.RO) said Tuesday it has written down EUR350 million mainly on goodwill associated with its Romanian unit BCR due to higher capital requirements applied in...
Erste: Romania Funding Needs To Fall To RON65B In 2014
Romania’s financing needs for 2014 are estimated at 65 billion lei (EUR14.6 billion), equal to 9.8% of the gross domestic product, Austrian Erste Group Bank AG said in a report Thursday.
Erste Analysts Explain Why Petrom Stocks Are Not Rising
Growth perspectives for the shares of Romania’s largest oil and gas producer OMV Petrom (SNP.RO) are limited because investment fund Fondul Proprietatea and the Romanian state, the company’s...
Romanians Save EUR40 A Month On Average - Survey
Romanians saved on average EUR40 a month in the last year, but only three out of five savers use a financial product when putting aside money, a survey from Austria’s Erste Group showed Wedn...
Erste Net Profit Falls 28% To EUR430M In First 9 Months; Risk Costs Decline
Austria's Erste Group Bank AG (EBS.RO) Wednesday said its net profit fell 28% to EUR430.3 million in the first nine months of 2013, from EUR597.3 million in the similar interval a year ago w...
La Fantana Uses Erste Loan To Finance Current Debts, Pay Dividends
Romanian bottled water wholesaler La Fantana will use the EUR34 million it recently borrowed from Erste Group Bank (EBS.RO) to finance current debts, pay out dividends to shareholders and fo...
BVB, Erste, SIFs Saw Highest Increases On Bucharest Bourse In August
Four of the top-traded issuers on the Bucharest stock exchange in August gained over 10% compared with the end of July in only six sessions. The increases offered investors great gain opport...
Erste Repays EUR1.76B Aid From Austrian State, Private Investors
Austria’s Erste Group Bank AG (EBS.RO) Thursday said it has repaid EUR1.76 billion in aid received during the global economic and financial crisis.
Erste Names Outgoing CFO Wimmer Chairman Of BCR’s Supervisory Board
Erste Group Bank’s (EBS.RO) outgoing Chief Financial Officer Manfred Wimmer will take over as Chairman of the Supervisory Board of the bank’s Romanian unit BCR as of September 1, Erste chief...