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Banks-Insurance

Bank Of Cyprus 9-Month Profit In Romania Falls To EUR4.8M

Bank of Cyprus Wednesday reported a 33% drop in its after-tax profit in Romania to EUR4.8 million in the first nine months, from EUR7.2 million in the year-earlier period.

Florentina Dragu · 30.11.2011 · 19:49 · 1 min
Banks-Insurance

Bank Leumi Romania 9-Month Loss Halves To RON12.3M

Bank Leumi Romania reported a loss of 12.3 million lei ($3.8 million) in the first nine months, half from RON24.8 million a year earlier, parent group Israeli Bank Leumi said in its financia...

Florentina Dragu · 30.11.2011 · 17:49 · 1 min
Banks-Insurance

Piraeus Bank Romania Pretax Profit Falls To EUR120M In Jan-Sep

Piraeus Bank Romania, the local unit of Greek financial group Piraeus, reported a pretax profit of EUR120 million in the first nine months, down 18.4% from EUR147 million a year earlier, the...

Florentina Dragu · 30.11.2011 · 15:38 · 1 min
British Airways: The 40% Growth Took Us By Surprise
Automotive

British Airways: The 40% Growth Took Us By Surprise

Emil Delibashev, commercial manager of British Airways for the Balkan area, which operates direct flights on the Bucharest-London route, says a revenue increase of between 10% and 20% has be...

Mirabela Tiron · 30.11.2011 · 00:00 · 1 min
NBG Switches To EUR4M 9-Month Loss In Romania
Banks-Insurance

NBG Switches To EUR4M 9-Month Loss In Romania

The National Bank of Greece (NBG) Tuesday said it has switched to a loss of EUR4 million on the Romanian market in the first nine months, from profit a year earlier, hit by falling revenue f...

Florentina Dragu · 29.11.2011 · 19:24 · 1 min
Banks-Insurance

EFG Eurobank Switches To EUR8.2M 9-Month Loss In Romania

Greece’s second biggest bank EFG Eurobank Monday said it has switched to a loss of EUR8.2 million in Romania in the first nine months, from a net profit of roughly EUR14 million in the year-...

Florentina Dragu · 28.11.2011 · 19:10 · 1 min
Banks-Insurance

Alpha Bank 9-Month Pretax Profit In Romania Falls 80% On Year

Greece’s third largest lender Alpha Bank Monday said its pretax profit in Romania dropped 80% to EUR7 million in the first nine months of the year, on lower operating revenues.

Florentina Dragu · 28.11.2011 · 19:07 · 1 min
AFI Palace Cotroceni Reports EUR17.3M Rental Revenue In Jan-Sep
Real Estate

AFI Palace Cotroceni Reports EUR17.3M Rental Revenue In Jan-Sep

Israeli developer AFI Europe collected EUR17.3 million in the first nine months from renting out Bucharest mall AFI Palace Cotroceni, compared to EUR17.7 million in the same interval of 2010...

Andrei Cîrchelan · 28.11.2011 · 17:08 · 1 min
Banks-Insurance

Allianz-Tiriac's Premiums Down 16% In Jan-Sept, To RON672M

Romanian insurer Allianz-Tiriac Asigurari underwrote premiums worth 672 million lei (EUR154 million) in the first nine months of the year, down 16% compared with the same period of 2010, and...

Radu Bostan · 28.11.2011 · 14:28 · 1 min