RAIFFEISEN
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Alpha Bank, Raiffeisen Extend Credit Granted To Romanian Titan
Lenders Alpha Bank and Raiffeisen Bank Romania extended two credit facilities worth 25 million lei (EUR5.76 million) and EUR18 million respectively, contracted by bread maker and miller Tita...
Raiffeisen CEO: It’s Natural To Continue Our Business In Romania
Romania is a key market for Raiffeisen and the Austrian group has no intention of abandoning its local businesses, since this is a strategic, long-term investment, which remains profitable d...
EBRD Accuses Austrian Central Bank Of Scaring Investors
The National Bank of Romania has abstained from criticism over the announcement of the Austrian supervisory authorities, while Erik Berglof, chief economist of the European Bank for Reconstr...
Raiffeisen Cuts Romania GDP Growth Forecast To 0.5% In 2012
Austrian financial group Raiffeisen Thursday revised downward its forecast on Romanian economic growth to 0.5% in 2012, from 1.8% previously, due to international financial turmoil and a pro...
Raiffeisen Romania Net Profit Down 29% To EUR60M In Jan-Sep
Raiffeisen Bank International on Thursday reported a profit after tax of EUR60 million in Romania between January and September, down 29.1% from EUR85 million on the same interval of 2010, o...
Analysts Calculate How Many Hundreds Of Billions Will Be Withdrawn By Euro Zone Banks
Risk premiums in the region have jumped again, local financial markets have contracted and a wave of catastrophic predictions about euro zone banks cutting their financing shook Central and...
Austria’s Central Bank Forces BCR, UniCredit and Raiffeisen To Find Their Own Financing Sources
Erste Group, UniCredit Bank Austria, and Raiffeisen Bank International-- the respective owners of Romanian lenders BCR, UniCredit Tiriac Bank and Raiffeisen Bank Romania--will only increase...
Raiffeisen Ups Romania GDP Growth Forecast To 2.5% In 2011
Austrian financial group Raiffeisen Tuesday revised upward its forecast on Romanian economic growth to 2.5% in 2011, from 1.5% previously, citing better-than-expected third quarter data.
Several Local Banks May Soon Be Targeted For Takeover - Raiffeisen
Lenders Banca Transilvania (TLV.RO), CEC Bank and Volksbank Romania may soon become candidates for takeover or state-led privatization, according to a banking sector report published Tuesday...