VOLKSBANK
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Massive NPL Transaction: Volksbank Romania Wants To Get Rid Of Liabilities Of EUR600M
Volksbank, one of the biggest loss-makers on the Romanian banking market, has put up for sale a bundle of non-performing retail loans worth around EUR600 million in total. The amount include...
Florin Kubinski Named VP Of Volksbank Romania
Volksbank Romania, the local unit of Austria’s Volksbank AG, has appointed Florin Kubinski to the position of vice-president.
Romcab Wants To Borrow EUR4M From Volksbank To Build Warehouse
Romanian cable maker Romcab Targu-Mures (MCAB.RO) wants to borrow EUR4 million from Volksbank to finance the construction of a warehouse.
Volksbank Romania Buys Unfinished Office Tower In Bucharest For EUR2.5M
The Romanian unit of Austria’s Volksbank bought for EUR2.5 million an unfinished 5,000-sqm office tower in Bucharest from an insolvent firm, which had borrowed about EUR5 million from the ba...
Volksbank Romania To Invest EUR10M In Modernizing Local Units
Volksbank Romania, the local unit of Austria’s Volksbank AG, Tuesday said it plans to invest nearly EUR10 million in modernizing all units countrywide.
Raiffeisen Becomes Romania's Most Profitable Bank In 2012
Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit.
Volksbank Austria: Plan Is To Sell Romanian Bank In 2015, After Its Restructuring
Austrian group Volksbank, which controls 51% in Volksbank Romania through a vehicle where it partners with a French bank and a German bank, reaffirms its intention to sell the Romanian bank...
Volksbank Romania Willing To Pay Higher Interests On Deposits To Attract Customers
Volksbank Romania, the local unit of Austria’s Volksbank AG, plans to keep the interest rate on savings products above the market average to balance the loan to deposit ratio and increase th...
Volksbank Romania Invests EUR20M In Rebranding, Expansion
Volksbank Romania, the local unit of Austria’s Volksbank AG, will invest EUR20 million in rebranding, renovating and extending its branches by the end of 2013, said the bank’s vice-president...