03.15.2012

The planned merger of Greek groups Alpha Bank and EFG Eurobank, which was supposed to create the third-largest bank by assets in Romania, only survived for six months, and was officially buried by the more

01.31.2012

After being announced in late August 2011, the merger of Greek banking groups Alpha Bank and Eurobank, which should have created the third-ranking lender by assets on the Romanian market – Alpha more

01.18.2012

Bancpost and Alpha Bank, the Romanian units of Greek banks EFG Eurobank and Alpha Bank, which should have completed their merger in legal terms by the end of 2011, do not have a calendar or a plan to more

12.09.2011

Greek-held Alpha and Bancpost are getting ready for the merger that will create the third largest bank on the market with a loan portfolio that is about EUR220 million lighter, and 10% lower deposits more

11.07.2011

Shareholders of Romanian lender Bancpost on Monday decided to increase the share capital by 92.6 million lei (EUR21.4 million) to RON1.185 billion, the bank said in a news release. more

10.24.2011

Alpha Bank Romania and Bancpost, two top 10 banks in Romania, and their clients were set to find out on Monday what the merger of their parent banks would look like, in the wake of the extraordinary more

10.04.2011

The Board of Romanian lender Bancpost recommended increasing share capital by 92.6 million lei (EUR21.4 million) to RON1.18 billion, mostly by debt conversion to the benefit of its majority more

09.01.2011

The name of the lender created by the merger of Greek financial groups Alpha Bank and Eurobank, which will own the third leading bank in Romania by assets, should be Alpha Eurobank, but no decision more

08.31.2011

Bad loans are still pounding the domestic subsidiaries of Greek groups Alpha Bank and EFF Eurobank, with the two setting up loan loss provisions of above EUR80 million in the first six months. more

08.19.2011

Bancpost, the ninth lending institution by assets, last year continued to transfer some loan packages from its own balance sheet to the parent bank or other vehicles controlled by it, relinquishing more

08.18.2011

The banking system is still digesting the fallout of the crisis almost three years after it started and the largest ten banks, which control almost 80% of the overall banking assets, are seeing their more

07.11.2011

The thirst for liquidity of small and mid-sized banks has led to the re-emergence on the market of offers of leu-denominated deposits with interests of 7.5% to 7.75% a year, even though the major more

06.27.2011

Franklin Templeton replaced Bancpost, a bank controlled by Greece’s EFG Eurobank, after a three years’ mandate as a depositary and custodian of the 16.4 billion lei (EUR3.89 billion) assets of more

06.21.2011

Bankers now only pretend to grant loans, by fighting to take clients from one another, says Elena Petculescu, honorary president of Bancpost. “I am very happy that we ourselves get new clients more

06.17.2011

The Greek banks on the local market--Bancpost, Alpha, Piraeus and Banca Romaneasca--have fed at least EUR1 billion into some of the most important real state projects carried out in Romania over the more

05.31.2011

Romania’s ninth-largest bank by assets Bancpost, controlled by Greek financial group Eurobank EFG, is readying new cost cut measures, including personnel layoffs, following a loss of EUR1 million more

05.23.2011

Bancpost chief economist Dan Bucsa will move to UniCredit Tiriac Bank as chief economist starting June, replacing Rozalia Pal who went on maternity leave, people close to the matter told MEDIAFAX. more