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Results 26 - 50 from 62 for "piraeus"

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  • Raiffeisen Bank Executive Director Takes Over As Deputy GM At Piraeus Bank Romania

    09.22.2014

    The executive director of Raiffeisen Bank, Madalina Teodorescu, has taken over the position of deputy general manager at Piraeus Bank Romania. more

  • Piraeus Bank Romania: Demand For Loans Is Rising

    09.05.2014

    Piraeus Bank, a Greek-held medium-sized player in Romania’s banking system, in January-July 2014 released retail loans matching the value of loans granted in the entire 2013 and reached monthly more

  • Piraeus Bank Romania 1H Pretax Profit Rises To EUR6.4M

    09.01.2014

    Piraeus Bank Romania reported a pretax profit of EUR6.4 million in the first half of the year, compared to EUR4.6 million after the first quarter, as the non-performing loans portfolio and the more

  • Piraeus Bank Romania Opens Third Business Center For SMEs

    06.26.2014

    Piraeus Bank Romania, a unit of Greece’s second-largest bank Piraeus Bank, Thursday said it opened its third business center, in southern city of Ploiesti, which will serve small- and medium-sized more

  • Piraeus Bank Romania 1Q Net Profit Rises 90% To EUR4.6M

    06.02.2014

    Piraeus Bank Romania on Monday said its net profit soared 90% to EUR4.6 million in the first quarter, from EUR2.4 million a year ago. more

  • Piraeus Bank Romania Opens Second Business Center For SMEs

    04.09.2014

    Piraeus Bank Romania Wednesday said it opened a business center in Constanta (southeastern Romania) which will serve small- and medium-sized enterprises (SMEs) operating in this county and in Tulcea, more

  • Piraeus Bank Romania 2013 Assets Rise 16% To EUR2B

    04.01.2014

    Piraeus Bank Romania, a unit of Greece’s second-largest lender Piraeus Bank, reported a 16% increase in its assets to over EUR2 billion in 2013, the bank said in a statement Tuesday. more

  • Ambient Trades Stores For Debt Cut

    02.05.2014

    Do-it-yourself and construction material distribution company Ambient, controlled by Sibiu businessman Ioan Ciolan, in late 2013 carried out an extensive financial overhaul process by which its debts more

  • Piraeus Bank Completes ATE Bank Romania Sale To Local Businessman Dorinel Umbrarescu

    12.19.2013

    Greek group Piraeus Bank has completed the sale of its ATE Bank Romania subsidiary to local businessman Dorinel Umbrarescu, who bought a 93.27% stake in the bank. more

  • Piraeus Bank Romania Adds 11,000 Of ATE Bank’s Customers To Its Portfolio

    11.26.2013

    About 11,000 of ATE Bank Romania’s customers will be transferred to the portfolio of Piraeus Bank Romania between November 30 and December 1, Piraeus Bank said in a statement Tuesday. more

  • Acquisition Of Bancpost Would Propel Piraeus To 7th Spot In Banking System

    10.10.2013

    The merger of Piraeus and Bancpost, which together have almost 5,000 employees and a territorial network of over 400 offices in Romania, would create an entity with a 5% market share, outrunning Alpha more

  • Romanians Lost Over RON120M This Year Over Gold Price Decline

    06.27.2013

    The abrupt 26% decline in the price of gold this year shaved over EUR120 million lei (EUR26.6 million) off the value of Romanians’ gold bars. more

  • Tuca Zbarcea & Asociatii Law Firm Advised Piraeus On Sale Of ATE Bank Romania

    04.19.2013

    Romanian law firm Tuca Zbarcea & Asociatii has advised Greece’s Piraeus Bank on the EUR10.3 billion sale of its 93.27% stake in ATE Bank Romania, the law firm said in a statement Friday. more

  • Greece’s Piraeus Confirms Sale Of ATE Bank Romania For EUR10.3M

    04.18.2013

    Greece’s Piraeus Bank has sold its 93.27% stake in ATE Bank Romania to local businessman Dorinel Umbrarescu for EUR10.3 million, the Greek lender said in a statement Thursday. more

  • Piraeus Sells ATE Bank Romania To Local Investors For EUR10M - Sources

    04.17.2013

    Greece’s Piraeus Bank Wednesday sold the Romanian subsidiary of ATE Bank to local investors for about EUR10 million, people familiar with the matter told Mediafax. more

  • Greek Piraeus Bank 2012 Assets In Romania Fall To EUR3.4B

    03.29.2013

    Greece’s second-largest lender Piraeus Bank Friday said its assets in Romania slid 2.86% to EUR3.4 billion in 2012, from EUR3.5 billion in the previous year. more

  • Bank Turns Into Real Estate Developer

    02.12.2013

    The real estate arm of Piraeus Bank, Piraeus Real Estate, will invest several million euros to complete six apartment buildings part of the Seasons Residence complex in Brasov (central Romania). more

  • Piraeus Wants To Sell ATE Insurance Romania

    12.24.2012

    Greek group Piraeus, which took over the Romanian operations of ATE Bank (Greece’s Agricultural Bank), intends to sell the Romanian-based insurance firm affiliated to ATE Insurance Romania, more

  • Piraeus Bank’s NPL In Romania Rose To 24% In January-September

    12.20.2012

    Greek lender Piraeus Bank’s non-performing loans in Romania increased to 24% in the first nine months of the year from 18.1% at the end of 2011, the bank said Thursday. more

  • Piraeus Bank Absorbs Ailing ATEBank’s Sound Assets, Including Romanian Unit

    07.29.2012

    Greece's Piraeus Bank has absorbed the performing assets of ailing state-owned lender ATEBank, including the ATEbank Romania subsidiary, amid a process meant to restructure and financially strengthen more

  • Greek Piraeus Bank Assets In Romania Fall To EUR3.34B In 1Q

    05.30.2012

    Greece’s fourth-largest lender Piraeus Wednesday said its assets in Romania slid 4.6% to EUR3.34 billion in the first three months, from EUR3.5 billion in the previous quarter. more

  • Romania, Jittery As It Awaits Greek Government’s EUR18B Injection Into Banks

    05.23.2012

    The strong local presence of Greek-held banks raises tough questions for Romania. Who will be able to replace the financing and how will they do it? The Greek banks are awaiting impatiently the more

  • Greek Banks Have Fewer Loans In Their Balance Sheets, Deposits Are EUR1B Lower

    04.23.2012

    The slimmer balance sheets, the decline of loan sales and implicitly of banks’ revenues forced Greek banks to close down tens of units and fire several hundred employees. more

  • Piraeus Bank Romania Pretax Profit Falls To EUR31M In 2011

    04.20.2012

    Piraeus Bank Romania, the local unit of Greek financial group Piraeus, reported a pretax profit of EUR31 million in 2011, down 64.5% from EUR51 million a year earlier. more

  • Price Of Gold Has Risen 30% In Past Year, But Gold Bars Only Bring 5% Profit

    01.20.2012

    Thousands of Romanians rushed to buy gold in the last few years, attracted by price increases and the hope of big and sure gains, but bank fees end up eating almost their entire profit. more

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