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RBS

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Energy

RBS Romania Lends EUR32M To Hidroelectrica

RBS Romania will grant a one-year loan worth EUR32 million to state-owned hydropower producer Hidroelectrica, to finance working capital needs.

Andrei Cîrchelan · 12.09.2011 · 17:44 · 1 min
What RBS Has For Sale In Romania And Why Investors Are Not Rushing In To Buy
Banks-Insurance

What RBS Has For Sale In Romania And Why Investors Are Not Rushing In To Buy

It has long been known that UK’s RBS is not interested in doing business in Romania and it seeks to sell its local portfolio, or rather what is left of it. In fact, the UK parent bank itself...

Razvan Voican · 12.07.2011 · 00:00 · 4 min
OTP Bank Says No Deal On RBS Bank Romania Takeover
Banks-Insurance

OTP Bank Says No Deal On RBS Bank Romania Takeover

Hungary’s largest lender OTP Bank has given up plans to buy RBS Bank Romania as no agreement was reached on the price, OTP’s deputy manager Antal Pongracz said Wednesday.

Marius Radu · 06.07.2011 · 15:58 · 1 min
BNP Paribas, OTP And Two Investment Funds In The Race For RBS
Banks-Insurance

BNP Paribas, OTP And Two Investment Funds In The Race For RBS

RBS Bank Romania, the local subsidiary of the Royal Bank of Scotland put up for sale as part of the reorganization plan of the British group shaken by the losses of the last few years, could...

Liviu Chiru · 29.06.2011 · 00:00 · 1 min
Crisis Fallout In Banking: Four Foreign Groups Want To Sell Their Romania Operations
Banks-Insurance

Crisis Fallout In Banking: Four Foreign Groups Want To Sell Their Romania Operations

Four banks operating in Romania, one accounting for over 5% of the market, are waiting for investors to buy them in 2012-2013 at the latest, according to the official announcements made by t...

Razvan Voican · 31.05.2011 · 23:59 · 2 min
Banks-Insurance

OTP Bank In Talks To Buy RBS’ Romanian Unit - Sources

Hungary’s largest lender OTP Bank wants to buy the Romanian subsidiary of Royal Bank of Scotland and will make an offer shortly, people close to the negotiations said Friday.

Florentina Dragu · 29.04.2011 · 20:28 · 1 min