VOLKSBANK
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Reason Behind Volksbank’s Departure: RON1.75B Loss In Four Years
The local subsidiary of Volksbank, which Banca Transilvania (TLV.RO) acquired this week, posted more than 1.75 billion lei (about EUR400 million) losses in the last four years due to sour lo...
Banca Transilvania Won’t Need Capital Hike For Volksbank Romania Takeover
Banca Transilvania (TLV.RO) won’t need additional capital resources to fund the acquisition of Volksbank Romania, and the financial details of the deal will be announced in a few months, the...
Banca Transilvania Acquires Volksbank’s Romanian Unit
Romanian lender Banca Transilvania (TLV. RO) Wednesday said it approved the acquisition of Volksbank Romania, the local unit of Österreichische Volksbank en AG.
Banca Transilvania Mulls Acquisition of Volksbank Romania
Banca Transilvania (TLV.RO), the third largest bank in Romania, Wednesday said it is negotiating the acquisition of the Romanian subsidiary of Austrian group Volksbank.
GTC In Talks To Take Over Two Office Buildings From Volksbank In Romania; Eyes A Third Project
Real estate company GTC, which developed in Bucharest projects such as America House of Piata Victoriei or City Gate towers of Piata Presei, considers acquiring three office buildings in Buc...
Volksbank: Entrepreneurs Should Explore Other Markets For Their Business
Entrepreneurs should find new markets for their business as the local market seems oversaturated on certain niches, and be ready to take risks, jointly with banks, Volksbank vice-president B...
Volksbank Romania Sale Strategy Unaffected By Volksbank Group Reorganization
Austrian banking group Volksbank has decided to undergo restructuring and will be split into nine regional banks, merging smaller operations, while maintaining its plan to sell its Romanian...
Volksbank Opens 10 Business Centers This Year
Volksbank Romania will open ten business centers in Romania this year, the first of which in November, in Cluj-Napoca, and targets to double its market share on the corporate segment, to 3%,...
Volksbank Romania Shareholders To Raise Lender's Capital By EUR250M By Year-End
Volksbank Romania shareholders will add EUR250 million to the lender's share capital by the end of the year, reaching EUR576 million, of which the Austrian group will contribute EUR128 milli...