05.05.2017

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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

03.01.2017

BCR has a high growth potential on the lending segment if taking into account similar parameters in Austria and Czech Republic, says Andreas Treichl, chief executive officer of Erste, the Austrian more

05.18.2016

US and and UK investors hold 31.5% in Austria’s Erste Bank (EBS.RO) together, which owns Romania’s largest lender BCR. more

03.23.2016

Romania could see the highest economic growth in Central and Eastern Europe (CEE) due to fiscal relaxation measures and prospects of monetary policy tightening, Erste Group analysts said in their more

01.21.2016

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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

01.13.2016

Romania’s inflation could stay on negative territory until May, following a renewed cut in VAT, but a trend reversal is expected and price growth is seen accelerating to 1% in late 2016, once a more

12.10.2015

Romania’s central bank may choose to lower the mandatory reserves on RON liabilities in 2016 because the liquidity in the money market might dry up in early next year due to higher government more

12.07.2015

The fiscal relaxation and the economic growth may cause Romania’s central bank to increase its main monetary policy rate in the fourth quarter of 2016, according to analysts of Austria’s Erste more

11.11.2015

The significant fiscal easing adopted by the previous government will not be reversed given the broad political consensus in passing the decisions, but the new government might come up with a set of more

09.10.2015

Romania’s inflation numbers for August , published Thursday by the country’s statistics institute, are neutral for the central bank’s monetary policy, according to Erste Group, which continues more

07.27.2015

Erste Group Bank, owner of lender BCR, entered into an agreement with Global Payments, provider of payment technology solutions, to establish a joint venture providing merchant acquiring and payment more

06.10.2015

Erste Asset Management, the biggest mutual fund manager, targets assets of around EUR120 million this year in equity assets, from EUR40 million at the end of May, company general manager Dragos Neacsu more

06.03.2015

BCR needs to ‘structurally’ improve its relationship with the corporate customers and to do so it will completely reassess the lending products and processes on this segment, says Andreas Treichl, more

05.07.2015

The net profit of Austria’s Erste Group Bank (EBS.RO) more than doubled in the first quarter against the same period of 2014, following an extensive balance sheet clean-up process implemented last more

03.30.2015

Fund manager Erste Asset Management (EAM) plans to maintain its 40% share on the mutual funds market and increase the number of investors to 150,000 in 2015, from 135,000 a year before, general more

02.27.2015

Austria’s Erste Group Bank (EBS.RO), the owner of the largest Romanian bank, BCR, Friday reported a net loss of 1.44 billion euros for 2014, due to write-downs and charges in some of its largest more

01.26.2015

The financial market experts' assessment of the current economic situation for Romania has slightly improved in January, while the Economic Sentiment Indicator, which reflects the expectations on a 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

11.17.2014

Erste analysts do not expect a higher volatility on the domestic financial markets following the presidential elections in Romania, adding that the top priority of the government is to come up with a more

10.30.2014

Austria’s Erste Group Bank (EBS.RO) Thursday reported a net loss of almost 1.5 billion euros for the first nine months of the year, mainly due to write-downs at its Romanian and Hungarian units. more

10.02.2014

Romania’s gross financing needs will fall towards 50 billion lei (EUR11.3 billion) next year, and almost a quarter of the total could be drawn from international markets, according to Erste 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

09.10.2014

Romania’s central bank may cut its monetary policy rate by 0.25 percentage points to 3% in a Board meeting scheduled for September 30, because the slowdown in Romania’s inflation rate in August more