Results 476 - 500 from 558 for "bcr"
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Erste Proposes RON644M Capital Increase At BCR
10.12.2011
Austria’s Erste Group Bank AG (EBS.RO) Wednesday recommended increasing the share capital of its Romanian unit Banca Comerciala Romana (BCR) by 644 million lei (about EUR150 million) to RON1.7 more
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Erste Group Bank To Add EUR100M To BCR Share Capital
10.10.2011
Erste Group Bank (EBS.RO) will increase the share capital of Romanian BCR by EUR100 million by the end of the year, through cash contribution, Monday said group representatives. more
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Erste CEO: Buying BCR Was Not A Mistake, Despite The High Price
10.10.2011
Erste Group Bank (EBS.RO) chief executive officer Andreas Treichl on Monday said the Austrian group paid a high price for Romanian BCR in 2006, from today’s perspective, but the acquisition was not more
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BCR Tempts Customers With 14% Interest For Two-Year Deposits
10.05.2011
BCR is trying to persuade customers to keep their savings in lei in the bank for two years in exchange for a fixed 14% interest, instead of renewing their deposits every three months and getting more
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SIF Shares Nosedive, Are 50% Away From 2009 Lows
10.05.2011
The shares of the five regional investment funds (SIF) were significantly affected on the stock exchange, losing up to 15% in the last three trading sessions alone amid foreign stock exchange more
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SIF Banat-Crisana Calls Shareholder To Vote On BCR Stake Sale
09.30.2011
The managing board of regional investment fund SIF Banat-Crisana (SIF1.RO) called a shareholder meeting for November 3, to discuss options for the stake held in lender BCR, at the beckoning of more
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Mihai Anghel Gets EUR2.5M From BCR To Buy Farming Land
09.30.2011
Mihai Anghel, owner of Cerealcom Dolj and Oltyre, agricultural businesses worth EUR60 million and EUR11.4 million respectively, got a EUR2.5 million loan from BCR bank to buy land. more
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SIF Banat-Crisana Forced To Call Shareholder Meet On BCR Stake
09.27.2011
Romanian securities commission CNVM Tuesday said investment fund SIF Banat-Crisana (SIF1.RO) has 45 days to call a shareholder meeting to present possible strategies for capitalizing its 6% stake in more
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Omniasig On Merger With BCR Asigurari: Our Strategy Is “No Winners And No Losers”
09.27.2011
The employees of insurers Omniasig and BCR Asigurari, which are in the process of merging to create the largest insurance company on the Romanian market, with over EUR300 million in revenue, will more
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BCR Gets EUR20M Loan From EBRD To Finance Energy Projects
09.26.2011
The European Bank for Reconstruction and Development Monday extended a EUR20 million loan to Romanian lender BCR to finance investments in the energy sector developed by small- and medium-sized more
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SIF Muntenia Holders Allow Managers To Sell BCR Stake
09.22.2011
The shareholders of Romanian regional investment fund SIF Muntenia (SIF4.RO) allowed the managing board to decide whether to sell or keep the BCR stake, Thursday said Petre Szel, president of SIF more
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Sales Decline Forces Insurance Market To Consolidate
09.22.2011
The prolonged crisis is pushing the insurance market towards mergers to create stronger companies, considering that more than 40 companies share business of EUR2 billion and that the money has more
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Major Merger On Insurance Market: Omniasig’s Name Prevails Over BCR Asigurari
09.20.2011
The company resulting from the merger of Omniasig and BCR Asigurari, which will become the largest insurer on the Romanian market, will take the Omniasig name because the majority shareholder decided more
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SIF Shareholders: We Are Disappointed By Erste’s Offer
09.20.2011
The shareholders of the five regional investment funds (SIF) say they are disappointed with the price offered by Austrian group Erste to take over 24.12% in BCR. They have yet to decide how they will more
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Erste, SIFs To Pay Rothschild EUR750,000 For Evaluation Services
09.16.2011
Rothschild investment bank will receive EUR750,000 for evaluation services during negotiations between Austria’s Erste Group and minority stockholders in its Romanian unit BCR. more
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BCR Employees Get Sweetened Exit Deal Because They Need Protection, Erste Says
09.16.2011
Romanian BCR’s employees are getting more for their shares in the bank compared with the SIF minority stockholders because they need “a certain level of protection” to liquidate their holdings, more
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Wimmer: BCR Highly Likely To Require A Future Capital Boost
09.16.2011
Austrian Erste Group Bank AG (EBS.RO) Friday said its Romanian unit BCR could very likely need a capital increase sometime in the future, as risk costs are bound to remain at high levels. more
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Erste Says Buyout Offer For 24% In BCR As Good As It Gets
09.16.2011
Austrian Erste Group Bank AG (EBS.RO) Friday said its buyout offer for 24% in Romanian BCR from four SIF minority shareholders expires once the last of the SIFs has held their meeting on the issue, more
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SIFs Get Much Less Than BCR Employees For Their Shares After Five Years Of Waiting
09.16.2011
Erste has finally persuaded four of the five regional investment funds (SIFs) to sell their stakes in BCR after more than one year of negotiations, but the Bucharest bourse loses one on the largest more
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Analysts Adjust 2012 GDP Forecasts Towards 2%-3%
09.16.2011
The National Forecast Commission (CNP) will most likely present the new forecasts for macroeconomic indicators next week, with data sent yesterday by the European Commission on Eurozone countries more
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BNR Board Member: Many Non-Performing Loans Could Be Revived If Banks Really Wanted To
09.16.2011
Foreign banks are suffocating companies and the government no longer has a powerful bank it can use to compensate business directions dictated by factors from abroad, says Nicolae Danila, former chief more
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SIFs To Get 44% Less For BCR's Shares Than Other Minority Holders
09.15.2011
Austrian Erste Group’s offer to four of the five SIF investment funds in Banca Comerciala Romana (BCR) for a 24.12% cumulated stake is 44% lower compared to the price proposed to the other minority more
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SIF Transilvania Calls Shareholders To Approve BCR Stake Sale
09.15.2011
The managing board of regional investment fund SIF Transilvania (SIF3.RO) called shareholders to meet on October 31 and approve the sale of a 6% stake in lender BCR, the fund said Thursday in a more
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Erste To Buy 24% In BCR From 4 SIFs For About EUR435M
09.14.2011
Austrian lender Erste Group Bank (EBS.RO) Wednesday said it will acquire 24.12% of its Romanian unit BCR for about EUR435 million in cash and stock, after reaching an agreement with four of the five more
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Erste Puts EUR600M In Cash And Shares On SIFs’ Table
09.14.2011
Erste could announce the offer for 30% in Romania’s largest lender BCR over the next few days. If the deal comes through, Romania will lose the unique opportunity of having its largest bank listed. more