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FIRST BANK

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Antitrust Body Clears Leumi Bank Romania Acquisition By First Bank
Banks-Insurance

Antitrust Body Clears Leumi Bank Romania Acquisition By First Bank

Romania's antitrust body said Monday it approved the transaction whereby First Bank took over Leumi Bank Romania, by acquiring 99.9235% of the latter’s share capital.

Ecaterina Craciun · 24.06.2019 · 12:53 · 1 min
Antitrust Body Looks Into Takeover Of Leumi Bank Romania By First Bank
Banks-Insurance

Antitrust Body Looks Into Takeover Of Leumi Bank Romania By First Bank

Romania's antitrust body said Monday it was looking into the deal whereby First Bank is taking over Leumi Bank Romania, by acquiring 99.9235% of the latter’s share capital.

Ecaterina Craciun · 03.06.2019 · 14:58 · 1 min
First Bank, Held By U.S. Investment Fund JC Flowers, Buys Bank Leumi Romania
Banks-Insurance

First Bank, Held By U.S. Investment Fund JC Flowers, Buys Bank Leumi Romania

First Bank, held by U.S. private equity fund JC Flowers, has signed an agreement to buy the Romanian subsidiary of Israel’s Leumi Bank, according to sources on the banking market.

Ecaterina Craciun · 16.04.2019 · 21:09 · 1 min
First Bank To Invest EUR7.5M in Technology
Banks-Insurance

First Bank To Invest EUR7.5M in Technology

First Bank plans to speed up its digitization process and is investing EUR7.5 million in technology, it said in a statement Monday.

Oana Gavrila · 04.03.2019 · 16:31 · 1 min
Uztel Ploiesti Seeks to Borrow RON9.5M from First Bank
Companies

Uztel Ploiesti Seeks to Borrow RON9.5M from First Bank

Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) seeks two loans totaling RON9.5 million from First Bank to refinance a previous credit line and to fund working capital.

Oana Gavrila · 14.12.2018 · 13:10 · 1 min
Start of First Bank Era After Piraeus Bank
Banks-Insurance

Start of First Bank Era After Piraeus Bank

First Bank (formerly Piraeus Bank) that US private equity firm J.C. Flowers & Co bought has officially entered the American age. The bank inaugurated its first branch under the new brand ide...

Loredana Frățilă-Cristescu · 28.11.2018 · 09:54 · 1 min
Banks-Insurance

Piraeus Bank Becomes First Bank as of Oct 1

Piraeus Bank Romania, the 11th largest bank in Romania by assets, has changed its name to First Bank starting October 1 to mark its new ownership structure, the bank said in a press release...

Oana Gavrila · 01.10.2018 · 13:00 · 1 min
Banks-Insurance

Piraeus Bank Romania To be Rebranded as First Bank

The board of directors of Romanian lender Piraeus Bank Romania decided to rebrand the bank as First Bank, the lender said in a press release Friday.

Oana Gavrila · 14.09.2018 · 10:21 · 1 min