05.05.2025

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has announced on May 5 that it has entered into an agreement with Banco Santander to acquire a 49% stake in Santander Bank Polska more

12.18.2024

Banca Comerciala Romana (BCR) and Erste Group Bank AG have provided EUR107.23 million financing to Enery, a key player in the renewable energy sector in Central and Eastern Europe. more

08.01.2024

Banca Comerciala Romana (BCR) announces that, starting August 1, 2024, Ilinka Kajgana, Chief Risk Officer at BCR, will assume a new responsibility within Erste Group. more

04.12.2023

Retail property developer NEPI Rockcastle has contracted green financing worth EUR200 million from Erste Group Bank AG and Raiffeisen Bank S.A. in order to improve its liquidity position. more

02.16.2023

Clifford Chance Badea advised the bank syndicate including Banca Comerciala Romana S.A. and Erste Group Bank AG in connection with the financing of the acquisition by Austrian group Enery Power more

11.08.2021

Law firm Dentons has assisted Erste Group Bank, Raiffeisen Bank and Banca Comerciala Romana in concluding a RON750 million loan facility contract with Romanian energy supplier Electrica which will use more

08.16.2018

Romanian regional investment fund SIF Oltenia (SIF5.RO) on Thursday signed a contract for the sale of 1.02 billion shares in Banca Comerciala Romana (BCR) to Austria’s Erste Group Bank, the majority more

04.13.2017

The management of Austria’s Erste Group Bank has proposed shareholders to approve the acquisition of up to 10% of the share capital and the decision will be valid for a 30-month period, until more

01.19.2016

Erste Group Bank, owner of lender BCR, was admitted as broker on Bucharest Stock Exchange’s regulated market, and the bourse’s officials expect this "outpost" to Vienna Stock Exchange would ensure more

11.24.2014

Three years from the exit from BCR, the largest local bank, SIF Moldova (SIF2.RO) gained the most of all the four regional investment funds (SIF) that sold their stakes in the bank, getting about 640 more

09.16.2014

Fondul Proprietatea (FP.RO) has chosen US’ Goldman Sachs and Austria’s Erste Bank to help it find buyers for a significant OMV Petrom (SNP.RO) stake, market sources say. more

07.31.2014

Austria’s Erste Group Bank (EBS.RO) Thursday reported a record loss for the first year-half, mainly due to higher provisions in Hungary and Romania and a low-interest environment in the markets more

01.20.2014

BCR has concluded its ambitious restructuring process started eighteen months ago and has become an efficient bank, said the chief executive of Erste Group Bank (EBS.RO), the owner of Romania's more

04.29.2013

Austria's Erste Group Bank AG (EBS.RO) Monday said it registered net profit of EUR176.2 million in the first quarter of 2013, down from EUR346 million in the similar interval a year ago, despite a more

01.06.2013

In the seven years since taking over lender Banca Comerciala Romana (BCR), Austria’s Erste has gained a lot of experience, but the bank it now controls is far from the plan it dreamed up in 2005. more

04.17.2012

Austrian Erste Group Bank AG (EBS.RO) Tuesday proposed paying out dividend of EUR141 million on the participation certificates for the business year 2011. more

03.29.2012

Austria’s Erste Group (EBS.RO) has only one of the top ten individual shareholders of BCR left to persuade, after nine of them have already accepted the offer to sell at 1.09 lei per share, which is more

01.30.2012

The Romanian central bank (BNR) will cut its key interest rate by a further quarter of a percentage point at Thursday’s monetary policy meeting, considering that the Romanian economy needs more

12.07.2011

A company owned by businessman Emanuel Muntmark, Ewind Constanta, took out a EUR68 million loan from Erste Bank, to fund the construction of a wind farm in southeast Romania, people close to the more

11.23.2011

Risk premiums in the region have jumped again, local financial markets have contracted and a wave of catastrophic predictions about euro zone banks cutting their financing shook Central and Eastern more

10.31.2011

Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday approved selling its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), people familiar with more

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