PIRAEUS BANK
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Piraeus Bank Romania 2013 Assets Rise 16% To EUR2B
Piraeus Bank Romania, a unit of Greece’s second-largest lender Piraeus Bank, reported a 16% increase in its assets to over EUR2 billion in 2013, the bank said in a statement Tuesday.
Ambient Trades Stores For Debt Cut
Do-it-yourself and construction material distribution company Ambient, controlled by Sibiu businessman Ioan Ciolan, in late 2013 carried out an extensive financial overhaul process by which...
Piraeus Bank Completes ATE Bank Romania Sale To Local Businessman Dorinel Umbrarescu
Greek group Piraeus Bank has completed the sale of its ATE Bank Romania subsidiary to local businessman Dorinel Umbrarescu, who bought a 93.27% stake in the bank.
Romanians Lost Over RON120M This Year Over Gold Price Decline
The abrupt 26% decline in the price of gold this year shaved over EUR120 million lei (EUR26.6 million) off the value of Romanians’ gold bars.
Greek Piraeus Bank 2012 Assets In Romania Fall To EUR3.4B
Greece’s second-largest lender Piraeus Bank Friday said its assets in Romania slid 2.86% to EUR3.4 billion in 2012, from EUR3.5 billion in the previous year.
Piraeus Bank’s NPL In Romania Rose To 24% In January-September
Greek lender Piraeus Bank’s non-performing loans in Romania increased to 24% in the first nine months of the year from 18.1% at the end of 2011, the bank said Thursday.
Piraeus Bank Absorbs Ailing ATEBank’s Sound Assets, Including Romanian Unit
Greece's Piraeus Bank has absorbed the performing assets of ailing state-owned lender ATEBank, including the ATEbank Romania subsidiary, amid a process meant to restructure and financially s...
Greek Piraeus Bank Assets In Romania Fall To EUR3.34B In 1Q
Greece’s fourth-largest lender Piraeus Wednesday said its assets in Romania slid 4.6% to EUR3.34 billion in the first three months, from EUR3.5 billion in the previous quarter.
Piraeus Bank Romania Pretax Profit Falls To EUR31M In 2011
Piraeus Bank Romania, the local unit of Greek financial group Piraeus, reported a pretax profit of EUR31 million in 2011, down 64.5% from EUR51 million a year earlier.