Bancpost and ERB Leasing officials did not comment on the potential sale.
The leasing company in Romania has accumulated some 60 million lei (EUR13.6 million) losses in the past five years and failed to get a significant slice of the market. ERB Leasing posted RON34 million losses last year alone, according to the Finance Ministry data.
ERB Leasing was on the bottom place of the ranking compiled in September last year, as its market share stood at merely 0.2%. The funding granted by the Greek-held company had dropped and barely reached EUR3 million after the first nine months of 2014, an almost 70% decline on the year-earlier period, according to the latest data available.
Eurobank decided to drop the local leasing business at a time when the industry is showing signs of a rebound. Leasing companies financed EUR769 million worth of assets in the first half, an increase of 16% on the year-ago period. (EUR1=RON4.4215)
(English version by Loredana Fratila-Cristescu)