SIFS
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SIFs Prepare EUR1 Bln Exit From BCR
Austria’s Erste Group Bank (EBS.RO), majority shareholder of Banca Comerciala Romana, or BCR, could pay EUR1 billion for the remaining 30.1% in the bank, which is in the hands of the five re...
SIFs Want Minority Holders To Reconsider Assembly On BCR Listing
Romania’s five regional investment funds SIFs are trying to persuade a group of minority stockholders to reconsider their call for a general assembly regarding the potential listing in Bucha...
Erste Expects SIFs' Decision On BCR Listing Options
Austria’s Erste Group Bank (EBS.RO) Wednesday said it awaits a decision from minority shareholders in its Romanian unit Banca Comerciala Romana (BCR) following discussion about the Romanian...
SIF Transilvania's Profit Surges In 1H, Other SIFs Report Lower Results
SIF Transilvania (SIF3.RO) ended the first half of this year with a profit of almost 90 million lei (EUR21 million), four times higher than in the same period a year ago, while the profits o...
SIFs' Net Assets Rise Slightly To RON7.36B In May
The five regional investment funds (SIFs) reported combined net assets worth 7.36 billion lei (EUR1.76 billion) in May, up 0.4% from a month earlier.
Romanian SIFs' 2010 Net Assets Down 6.5%, At RON7B
The net assets of Romania’s five regional investment funds SIFs fell 6.5% on the year in 2010, at 6.97 billion lei (EUR1=RON4.2578), the fund managers' association data showed Monday.