RAIFFEISEN
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Raiffeisen To Acquire Citibank’s Romanian Consumer Portfolio
The Romanian subsidiary of Austria’s Raiffeisen Bank International will purchase Citibank’s Romanian consumer portfolio, the lenders said in a joint statement Thursday.
Asset Manager: Leu Strengthening Due To Capital Inflows, Not Fundamentals
The inclusion of leu-denominated government bonds in an index of US bank JP Morgan led to significant inflows of foreign capital which fueled an “unexpected” decline of interest rates on gov...
Raiffeisen Head: I Wouldn’t Be Surprised If Five Banks Were Up For Sale Now
The banking system has begun a consolidation process, as seen in part in the decision of some international financial groups to sell some or their entire operations in Romania. More banks wi...
Some 10% Of Romanians Might Access Savings-Loan Products In Medium Term
The Romanian savings and loan product market has a high growth potential in the medium term, Aurelia Cionga, president of mortgage lender Raiffeisen Banca pentru Locuinte (RBL), said Tuesday...
Raiffeisen Bank To Move Half Of Staff In Floreasca City Office Building
The Romanian unit of Austrian bank Raiffeissen will transfer almost half of its employees in the Bucharest-based office building Floreasca City in the spring of 2013.
What's Next For Burduja, Raiffeisen's Number Two
Marinel Burduja is getting ready to conclude the most important period of his banking career - the ten years during which he built the corporate banking division of Raiffeisen, but says he i...
Raiffeisen Creates 'Online Shop' For Foreclosed Assets
Raiffeisen Bank Romania has started to organize its offer of foreclosed homes, land, cars and other assets, and put it on a specialized website along with photos, maps and technical specific...
Raiffeisen Reports EUR94M Net Profit In Romania, Down 6.5% On Year
Austrian group Raiffeisen Bank on Thursday reported in its financial results for 2011 a 6.5% year-on-year decline of its profit after tax in Romania, to EUR94 million, despite higher revenue...
Treasury Head Cristian Sporis Has EUR1 Million In Liquid Assets
Cristian Sporis, who recently put his banking career on hold to become a secretary of state with the Finance Ministry, where he is in charge of the Treasury, has accumulated about EUR1 milli...