EUROBANK
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Alpha, Bancpost Merger Creates One Big Bank With EUR7B Loans And Just EUR3.1B Deposits
Alpha Bank Romania and Bancpost, two top 10 banks in Romania, and their clients were set to find out on Monday what the merger of their parent banks would look like, in the wake of the extra...
What Name Will The Third Leading Bank On Romanian Market Use?
The name of the lender created by the merger of Greek financial groups Alpha Bank and Eurobank, which will own the third leading bank in Romania by assets, should be Alpha Eurobank, but no d...
First Unofficial Meeting Of Alpha And Bancpost Bosses Over Merger
Sergiu Oprescu, executive president of Alpha Bank, and Peter Weiss, executive president of Bancpost, had a private meeting scheduled for Monday evening to unofficially discuss the domestic i...
Bad Loans Hurt Alpha And Bancpost Portfolios
Bad loans are still pounding the domestic subsidiaries of Greek groups Alpha Bank and EFF Eurobank, with the two setting up loan loss provisions of above EUR80 million in the first six month...
Eurobank-Alpha Bank Set To Become Romania’s Third Largest Bank Group
The freshly announced merger between Greek lenders EFG Eurobank and Alpha Bank will propel their Romanian subsidiaries to the third position in the local system, from the lower half of the t...
Greek Banks Raise Deposit Interests, While Big Banks Are Lowering Them
The thirst for liquidity of small and mid-sized banks has led to the re-emergence on the market of offers of leu-denominated deposits with interests of 7.5% to 7.75% a year, even though the...