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NBG Expects to Get EUR314M for Banca Romaneasca from EximBank, No Decision from Finance Minister Yet
The sale of Banca Romaneasca, which its owner, National Bank of Greece (NBG) has been trying to complete for more than three years is not over yet, as Romania’s finance minister Florin Citu has postponed a decision on the takeover of this lender by state-run E...
Eximbank in Final Talks to Buy Banca Romaneasca
Eximbank is in final talks to buy Banca Romaneasca, and the Greek owners of the latter would prefer it over private equity firm J.C. Flowers, after the submission of the final bids, banking...
Banca Romaneasca Up For Sale Again
Banca Romaneasca, held by Greek group National Bank of Greece, has been put up for sale officially again, after a failed attempt in the spring when Romania’s central bank vetoed the acquisit...
Hungarian Group OTP Close To Buying Banca Romaneasca From Greek Group NBG
Hungary’s largest bank group, OTP, is close to acquiring Romania’s Banca Romaneasca from Greek group National Bank of Greece (NBG), according to the latest data on the market.
Banca Romaneasca Up For Sale Again
National Bank of Greece (NBG) has taken the courage to put Banca Romaneasca up for sale again, hiring Credit Suisse London to find a buyer, banking sources say.
National Bank of Greece To Exit Romania, Other SEE Markets - Press
National Bank of Greece has agreed with the European Union's competition authorities to exit the Southeastern European markets where it currently operates, including Romania, Greek newspaper...
NBG Withdrew About RON1B Of Its Deposits At Banca Romaneasca In 2012
National Bank of Greece (NBG), which owned some 99.3% of Romanian lender Banca Romaneasca at the end of 2012, withdrew about 1 billion lei (EUR0.226 billion) of deposits at its local subsidi...
Bancpost And Banca Romaneasca Forgo Merger Plans
Bancpost and Banca Romaneasca, which were set to merge into a bank with EUR4 billion assets ranking 7th on the Romanian market, will remain two separate entities for the time being after the...
NBG First-Quarter Loss In Romania Widens To EUR11M
The National Bank of Greece (NBG) Wednesday said its losses in Romania widened to EUR11 million in the first quarter, from RON1 million in the year-earlier period, hurt by falling revenue fr...