VOLKSBANK
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Volksbank Sells EUR460M Worth Of NPLs, 28% Of Which Generated By Romania
Austria's Volksbank group has put up for sale a portfolio of commercial real estate assets and non-performing corporate loans with a nominal value of EUR460 million, more than one quarter of...
Volksbank Romania Names Two New Vice-Presidents For Retail And Corporate Divisions
Volksbank Romania, a unit of Austria’s Volksbank AG, has appointed two new vice-presidents, namely, Dan Sandu who will coordinate the retail business division, and Bogdan Neacsu who will coo...
Austria’s Volksbank Books EUR62M Provision For Anticipated Loss On Romanian Unit Sale
Austria’s Volksbank AG has booked provisions of EUR62 million for anticipated losses on the planned sale of its Romanian subsidiary, the Austrian lender said in a report Thursday.
SMEs Can Get RON47.3M Loans From Volksbank To Fund Working Capital
Small- and medium-sized enterprises (SMEs) in Romania can get loans from Volksbank to finance their working capital, within a total maximum ceiling of RON47.3 million, with low guarantees, u...
HIG Capital In Talks With Volksbank To Take Over EUR600M Retail NPLs
Global private investment firm HIG Capital, based in Miami, USA, has negotiated a record deal with Volksbank to buy a package of retail non-performing loans (NPLs) valued at EUR600 million,...
Cheaper Loans In Lei And Transactions Involving Small Banks Expected In 2014
The visible decline of leu interest rates should revive the demand for loans, but the major obstacle to the market rebound remains the absorption of the huge volume of non-performing loans.
Banks And Insurers Get Capital Injections Of Half A Billion Euros In 2013
The shareholders of banks, insurers and leasing companies this year injected EUR500 million into the capital of Romanian subsidiaries.
Volksbank Romania To Sell Non-Performing Loans Shortly, Says Ctrl Banker
Volksbank Romania, a unit of Austria’s Volksbank AG, plans to sell part of its non-performing loans “shortly,” a central bank official said Thursday.
Volksbank Shareholders Make EUR120M Capital Injection, Prepare To Sell Romanian Bank
Volksbank Romania, which is due to be sold by Volksbank Austria by the end of 2015, has received a massive capital increase of EUR120 million from its shareholders, in order to compensate fo...