Results 151 - 175 from 238 for "erste"
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Erste Posts EUR719M Loss In 2011, Despite Returning To Profit In 4Q
02.29.2012
Austrian lender Erste Group Bank (EBS.RO) Wednesday announced a net profit after minorities worth EUR254.1 million for the fourth quarter of 2011, which cuts the net loss for the year after minorities more
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Erste Group Sets Money Aside For Compensation Pay In Romania, Hungary
02.29.2012
Austrian lender Erste Group Bank (EBS.RO) Wednesday announced it has made provisions for compensation pay in Hungary and Romania, which contributed to a 2.6% increase of staff expenditure, to EUR2.32 more
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BCR Net Profit Down 85% On Year To RON71M In 2011
02.29.2012
Banca Comerciala Romana (BCR), the Romanian arm of Erste Group Bank (EBS.RO), Wednesday said its net profit fell 85% in 2011 to 70.9 million lei (EUR16.3 million), impacted by low income generation, more
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Romanian Banking System Takes A Tentative Step Forward In 2011
02.17.2012
The Romanian banking system, which consists of 41 banks, took a tentative step forward in 2011, managing to increase its assets by 3.5% and cut its aggregated loss from 516 million lei (EUR118.6 more
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Erste: We Will Favor Lending In Lei
02.10.2012
Erste Group and its local subsidiary, BCR, will continue to finance the Romanian economy, and will give priority to new leu-denominated loans, while keeping a conservative approach to foreign currency more
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Erste Group Bank Eyes Buying 0.36% In BCR For RON62M
02.07.2012
Erste Group Bank (EBS.RO), majority shareholder of Romanian lender BCR, proposed a price of 1.09 lei (EUR0.25) per share to minority holders, in a bid to take over a total 0.36% stake in the local more
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Erste: Romania’s Borrowing Costs Shouldn’t Climb After PM Resignation
02.06.2012
Romanian government’s resignation shouldn’t drive borrowing costs higher, as long as the country remains committed to its economic and fiscal adjustment program agreed with foreign lenders, an more
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SIF Muntenia Gets 0.38% In Erste For Another Batch of BCR Shares
02.03.2012
Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will transfer 190.23 million shares of its remaining stake in Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.RO) in more
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Danske Bank: Romanian Central Bank Is Well Aware Of Economy’s Weak Growth
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
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End Of Term For Bruynseels At BCR
01.27.2012
After several months of rumors and speculations, Austria’s Erste Group is ready to publicly announce all the changes it decided to make to the management of its Romanian unit BCR, the largest bank more
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Erste Asset Management Profit More Than Halves In 2011
01.25.2012
Romanian open-end fund administrator Erste Asset Management, a unit of Austria’s Erste Group Bank (EBS.RO), Wednesday said its net profit more than halved to around EUR300,000 – EUR400,000 in more
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Why Is Oana Petrescu Leaving BCR’s Board?
01.24.2012
After more than five years as executive vice-president at BCR, the largest Romanian bank, Oana Petrescu says that her training as a consultant influenced her management style and once the major more
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SIF Oltenia Stalls Sale Of BCR Stake: We Have All The Time In The World
01.17.2012
Romanian regional investment fund SIF Oltenia (SIF5.RO), the only one of the five SIFs which has yet to sign the contract to sell its shares in BCR to Austria’s Erste Group Bank (EBS.RO), says there more
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Erste Recruits Sergiu Manea For BCR Investment Banking Unit
01.12.2012
Austrian lender Erste has recruited Sergiu Manea for a newly created position of executive vice-president for investment banking at Romanian BCR, and the appointment is awaiting the central bank’s more
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Erste Cuts Romanian Proprietatea Fund Target Price To RON0.51/Share
01.10.2012
Austria’s Erste Group Bank Tuesday cut by 29% to 0.51 lei (EUR0.117) a share its 12-month target price on Romanian investment fund Fondul Proprietatea (FP.RO), while keeping its recommendation more
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Treichl Finds Another Expat To Replace BCR’s CEO
01.10.2012
Dominic Bruynseels, who has been running BCR since the summer of 2008, should leave his position with the largest bank on the Romanian market owned by Austria’s Erste by the end of the first more
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Erste Forecasts A 17% Increase Of BET In 2012
01.05.2012
Erste Group analysts expect the main index of the Bucharest stock exchange to rise 17% this year, the third-best performance in the region after the Istanbul and Prague bourses, as investor risk more
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Erste Widens Its Stake In BCR To 88%
12.19.2011
Austrian Erste Group Bank (EBS.RO) on Monday announced it has taken over another 6% in Romanian lender BCR, following deals struck with the five regional investment funds, or SIFs, widening its more
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SIFs Profits, Assets Boosted In November By BCR Stake Sales
12.16.2011
The transactions whereby Austrian Erste Group Bank (EBD.RO) bought the BCR stakes owned by the five Romanian regional investment funds, or SIFs, brought an increase in the assets and profits of the more
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SIF Moldova Trades BCR Stake For 1% In Erste
12.15.2011
Regional investment fund SIF Moldova (SIF2.RO) received a 1% stake in Erste Group Bank (EBS.RO) in exchange for a 4.74% stake in BCR, thus becoming the second SIF to leave the Romanian bank's more
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Oana Petrescu Steps Down From BCR's Board. Erste Brings Martin Skopek As Retail Vice-President
12.15.2011
BCR board member and retail vice-president Oana Petrescu decided to step down from this position starting March 31, 2012, and she will be replaced with Martin Skopek, management board member for more
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SIF Moldova To Sell Entire BCR Stake To Erste This Year
12.12.2011
Regional investment fund SIF Moldova (SIF2.RO) will transfer its remaining 4.74% stake in BCR to Austrian group Erste, receiving a 1% Erste stake in exchange. more
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Erste CEO: Romania's "Brutal" Austerity Measures Show Good Coping Mechanisms
12.12.2011
The austerity measures taken in Romania were "brutal", unthinkable in a Western country such as Germany or France, but people in the East "have learned to live with brutality", according to Andreas more
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SIF Transilvania Sells Entire BCR Stake To Erste
12.12.2011
Regional investment fund SIF Transilvania (SIF3.RO) transferred the entire 6% stake it held in Romanian lender BCR to Austria's Erste Group Bank (EBS.RO), and received a 1% stake in the Austrian bank, more
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Emanuel Muntmark-Owned Firm Takes EUR68M Loan For Wind Farm
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