bancpost
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Hidroelectrica’s Insolvency May Raise Sovereign Risk Fears - Bancpost Official
The situation at hydropower producer Hidroelectrica may be regarded by foreign analysts as a warning that, since one of the largest state companies enters insolvency, Romania might witness m...
Bogza, Bancpost: 2011 Economic Growth Unable To Help Local Banks
The growth of Romania’s economy last year was unable to help the local banking system, Bancpost president Mihai Bogza said Wednesday at the ZF Bankers Summit12.
Bancpost Official: Leu Depreciation Is Worrying Us, But It Has Not Reached A Critical Threshold
The weakening of the leu against the euro by around 2% in the past few weeks is a reason for concern regarding clients’ ability to repay their foreign currency loans, but at least for now it...
Eurobank Brings Greek Banker To Run Bancpost
Greek financial group Eurobank continues its effort to restore the profitability of Bancpost, the tenth largest bank in Romania by assets by putting a Greek banker in charge. The banker, Ant...
Bancpost CEO Peter Weiss Leaves Bank After 18 Months
Peter Weiss, the Dutch executive who took the position of chief executive officer of Bancpost in early 2011, will leave the bank.
Greek Banks Have Fewer Loans In Their Balance Sheets, Deposits Are EUR1B Lower
The slimmer balance sheets, the decline of loan sales and implicitly of banks’ revenues forced Greek banks to close down tens of units and fire several hundred employees.
Alpha Bank Buries Merger With Eurobank. Romanian Subsidiaries Are On Their Own
The planned merger of Greek groups Alpha Bank and EFG Eurobank, which was supposed to create the third-largest bank by assets in Romania, only survived for six months, and was officially bur...
To Merge Or Not To Merge, That Is Alpha Bank’s Question
After being announced in late August 2011, the merger of Greek banking groups Alpha Bank and Eurobank, which should have created the third-ranking lender by assets on the Romanian market – A...
Bancpost, Alpha Bank Await Merger With Staff Cuts And Balance Sheet Reduction
Bancpost and Alpha Bank, the Romanian units of Greek banks EFG Eurobank and Alpha Bank, which should have completed their merger in legal terms by the end of 2011, do not have a calendar or...