MILLENNIUM
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OTP To Complete Millennium Integration In October, Looks For New Acquisitions
OTP Bank Romania, part of Hungarian group OTP, will analyze in October the integration process of Millennium bank, bought mid-2014, according to OTP general manager Laszlo Diosi.
OTP Bank Completes Millennium Romania Takeover, Reaches 2% Market Share
OTP Bank Romania, part of Hungarian group OTP, has completed the acquisition of Millennium Bank Romania from Portugal's Banco Comercial Português, in a EUR39 million deal that raises its mar...
OTP Bank Won't Sell Millennium bcp Romania License, Awaits Central Bank Approval For Takeover
OTP Bank Romania will start the integration process with the local subsidiary of Portugal's Millennium bcp as soon as the Romanian central bank approves the takeover and doesn't plan to sell...
Antitrust Watchdog OKs Takeover Of Millennium By OTP Bank, RBS Corporate Business By UniCredit Tiriac
The Romanian Competition Council approved the takeover of the Romanian subsidiary of Portugal’s Millennium bcp by OTP Bank Romania, a member of Hungarian group OTP, and the takeover of the c...
OTP Close To Buy Millennium Bank Romania
OTP Bank, the local branch of the largest Hungarian financial group, is one step away from completing talks with Portugal’s Millennium to buy its Romanian subsidiary. The move would allow it...
Millennium Might Reduce Exposure To Romania Or Find Partner To Support Growth
Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, continued efforts to gain profitability and reduced its loss to EUR6.5 million in the first half of the year...
Millennium Bank Romania Names New General Manager
Millennium Bank Romania has appointed Jose Reino da Costa as the new general manager, replacing Jose Toscano who has filled this position for six years, the bank said in a press statement Su...
Millennium Bank Romania To Have New CEO
Portuguese banker Jose Toscano is preparing to leave the position of chief executive at Millennium Bank Romania after a five-year term, according to banking sources.
Millennium Bank’s New Strategy Could Entail Selling Romanian Subsidiary
The operations Millennium BCP runs in Poland, Greece and Romania, will from now on be considered by the group as non core, i.e. will be treated as assets no longer essential for the business...