mkb
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APS Holding Buys MKB's Debt Collection Company
MKB Bank, the Hungarian group that sold Nextebank to investment manager Axxess Capital this spring, has completely left Romania, following the sale of Corporate Recovery Management to APS Holding last month, according to the Official Journal.
Axxess Capital's EEAF Completes Takeover Of Nextebank Romania From MKB
Emerging Europe Accession Fund (EEAF), managed by Axxess Capital, completed on April 30 the takeover of Nextebank Romania from Hungarian lender MKB, following clearance from the Romanian cen...
Nextebank To Raise Capital Before Completion Of The Bank's Sale
The shareholders of Nextebank, a small player controlled by Hungary’s MKB bank, in late February approved a capital increase of as much as 183 million lei (EUR40 million).
Hungary's MKB Sells Romanian Subsidiary Nextebank To Fund Held By Axxess Capital
Hungarian lender MKB, part of German group BayernLB, sold its Romanian subsidiary Nextebank to Emerging Europe Accession Fund (EEAF) for an undisclosed amount and the deal is pending clearan...
MKB Expected To Sell Romexterra Below Asset Value
The MKB group took an impairment of around EUR169 million on its Romanian investment as early as last year, at a time when the management expected to sell Romexterra Bank for a low price, wh...
What’s Left Of MKB Romexterra After Three Years Of Crisis
MKB Romexterra has focused on cleaning up its loan portfolio over the past two years and is now getting ready to resume sales of loans to small companies and consumers.
Crisis Fallout In Banking: Four Foreign Groups Want To Sell Their Romania Operations
Four banks operating in Romania, one accounting for over 5% of the market, are waiting for investors to buy them in 2012-2013 at the latest, according to the official announcements made by t...