RAIFFEISEN
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Raiffeisen Profit In Romania Down 27.5% In 1Q, To EUR22M
Raiffeisen Bank International (RBI) posted a first-quarter profit of EUR22 million in Romania, after tax, down 27.5% from EUR30 million in the first quarter of 2013.
Three Banks Prepare RON760M Bond Issues
Three local banks, Raiffeisen, Pro Credit and Garanti, are preparing 760 million lei (EUR170 million) bond issues to be listed on the Bucharest Stock Exchange.
Raiffeisen Bank Comfortable With Provision Level, CEO Says
Raiffeisen, the most profitable bank in 2013 thanks to its 458 million lei (EUR103 million) net income, feels comfortable with its provision level, says Steven van Groningen, chief executive...
Four Romanian Lenders To Set Up Banking Employer’s Association
Romanian lenders Banca Comerciala Romana (BCR), BRD-Groupe SocieteGenerale, Raiffeisen Bank and UniCredit Tiriac Bank on Friday announced plans to set up the first banking employers’ associa...
Raiffeisen Romania Profit Up 16% To EUR100M In 2013
Raiffeisen Bank International (RBI) reported profit after taxes of EUR100 million in Romania in 2013, up 15.8% from EUR86 million a year earlier, due to lower income taxes, according to the...
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...
Raiffeisen: Slim Chances Of Organic Growth, We’re Looking At Acquisition Targets
Raiffeisen Bank Romania gained a lot of experience with the takeover of Citi’s retail portfolio (EUR90 million of loans and EUR175 million in deposits) last year and continues to look at acq...
Raiffeisen Bank Romania 9-Month Profit Up 11.3% To EUR81M
Raiffeisen Bank International Wednesday reported profit after taxes of EUR81 million in Romania for the first nine months of 2013, up 11.3% on the year, mainly due to higher net commission a...
Raiffeisen Bank Romania Valued At EUR736M Considering Offer To Minority Shareholders
Raiffeisen Bank Romania, the fourth largest local bank regarding assets, will increase the face value of a share one million times, to 100,000 lei (about EUR22,500) without adjusting its sha...