Results 201 - 225 from 243 for "erste"
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Erste Switches To 9-Mo Loss After Goodwill Write-downs, CDS Portfolio Cut
10.28.2011
Austria's Erste Group Bank AG (EBS.RO) Friday said it has switched to a net loss of EUR973 million in the first nine months, due to goodwill write-downs in Hungary and Romania, additional risk more
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Erste: Romania Is More Resilient To Crisis Shockwave Than In 2008
10.18.2011
Romania has become more resilient to a shock coming from the euro zone than in 2008, when the collapse of Lehman Brothers and the onset of the crisis threw the local economy into recession. more
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Erste: Romania Private Consumption To Grow 1.7% In 2012
10.17.2011
Romanian private consumption is likely to grow 1.7% in 2012, backed by stable savings levels and a low inflation, according to estimates of Juraj Kotian, analyst with Austria’s Erste Bank AG. more
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First Deal With BCR Stock: SIF Muntenia To Sell 3.8% To Erste For Some EUR60M
10.14.2011
Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will sell a 3.77% stake in lender Banca Comerciala Romana (BCR) this year, for 70.1 million lei (EUR16.2 million) and Erste more
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SIF Muntenia Sells 6% Stake In BCR To Erste Bank - Sources
10.13.2011
Romanian regional investment fund SIF Muntenia (SIF4.RO) Thursday sold its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), under terms similar to the agreement more
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Erste Proposes RON644M Capital Increase At BCR
10.12.2011
Austria’s Erste Group Bank AG (EBS.RO) Wednesday recommended increasing the share capital of its Romanian unit Banca Comerciala Romana (BCR) by 644 million lei (about EUR150 million) to RON1.7 more
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GTC Secures EUR100M Loan From Erste To Refinance City Gate Project In Bucharest
10.11.2011
Property developer Globe Trade Center, or GTC, has obtained a EUR100 million loan from Erste Group Bank (EBS.RO), to refinance the investment in Bucharest office complex City Gate, company officials more
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Erste Group Bank To Add EUR100M To BCR Share Capital
10.10.2011
Erste Group Bank (EBS.RO) will increase the share capital of Romanian BCR by EUR100 million by the end of the year, through cash contribution, Monday said group representatives. more
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Erste CEO: Buying BCR Was Not A Mistake, Despite The High Price
10.10.2011
Erste Group Bank (EBS.RO) chief executive officer Andreas Treichl on Monday said the Austrian group paid a high price for Romanian BCR in 2006, from today’s perspective, but the acquisition was not more
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Erste Plans EUR700M Write-down Of Romania Goodwill
10.10.2011
Austria’s Erste Group Bank AG (EBS.RO) Monday said it will partially write down its Romania-related goodwill by EUR700 million pre-tax, reflecting a slower-than-expected economic recovery. more
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SIF Shares Nosedive, Are 50% Away From 2009 Lows
10.05.2011
The shares of the five regional investment funds (SIF) were significantly affected on the stock exchange, losing up to 15% in the last three trading sessions alone amid foreign stock exchange more
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Bucharest Bourse Allows 25% Variation On Erste Shares
09.26.2011
The Bucharest bourse on Monday raised the maximum variation limit to 25% on Erste Group Bank (EBS.RO) stocks, as opposed to the usual 15% ceiling, since the lender’s stock price rose above the more
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Austrian Banks Add EUR0.5B To Romanian Market, French Banks Withdraw EUR4.8B
09.21.2011
Austrian banks increased their exposure to Romania in the first quarter of this year, while French and Greek banks reduced their financing lines, according to data from the Bank of International more
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SIF Shareholders: We Are Disappointed By Erste’s Offer
09.20.2011
The shareholders of the five regional investment funds (SIF) say they are disappointed with the price offered by Austrian group Erste to take over 24.12% in BCR. They have yet to decide how they will more
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Erste, SIFs To Pay Rothschild EUR750,000 For Evaluation Services
09.16.2011
Rothschild investment bank will receive EUR750,000 for evaluation services during negotiations between Austria’s Erste Group and minority stockholders in its Romanian unit BCR. more
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BCR Employees Get Sweetened Exit Deal Because They Need Protection, Erste Says
09.16.2011
Romanian BCR’s employees are getting more for their shares in the bank compared with the SIF minority stockholders because they need “a certain level of protection” to liquidate their holdings, more
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Wimmer: BCR Highly Likely To Require A Future Capital Boost
09.16.2011
Austrian Erste Group Bank AG (EBS.RO) Friday said its Romanian unit BCR could very likely need a capital increase sometime in the future, as risk costs are bound to remain at high levels. more
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Erste Says Buyout Offer For 24% In BCR As Good As It Gets
09.16.2011
Austrian Erste Group Bank AG (EBS.RO) Friday said its buyout offer for 24% in Romanian BCR from four SIF minority shareholders expires once the last of the SIFs has held their meeting on the issue, more
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SIFs Get Much Less Than BCR Employees For Their Shares After Five Years Of Waiting
09.16.2011
Erste has finally persuaded four of the five regional investment funds (SIFs) to sell their stakes in BCR after more than one year of negotiations, but the Bucharest bourse loses one on the largest more
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SIFs To Get 44% Less For BCR's Shares Than Other Minority Holders
09.15.2011
Austrian Erste Group’s offer to four of the five SIF investment funds in Banca Comerciala Romana (BCR) for a 24.12% cumulated stake is 44% lower compared to the price proposed to the other minority more
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Erste To Buy 24% In BCR From 4 SIFs For About EUR435M
09.14.2011
Austrian lender Erste Group Bank (EBS.RO) Wednesday said it will acquire 24.12% of its Romanian unit BCR for about EUR435 million in cash and stock, after reaching an agreement with four of the five more
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Erste Puts EUR600M In Cash And Shares On SIFs’ Table
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
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Last Attempt By SIFs To Strike Deal With Erste On BCR Shares
09.09.2011
The five regional investment funds (SIFs) are increasingly pressured by the approaching deadline to decide on the fate of the 30.1% stake in Romania’s largest bank, BCR. The SIFs met with Erste more
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MedLife Borrows EUR40M From IFC, Erste To Fund Network Expansion
08.16.2011
Romanian private healthcare operator MedLife on Tuesday signed a syndicated loan agreement worth EUR40 million with the International Finance Corporation (IFC) and Erste Group Bank to finance more
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Erste: We Financed Your Deficit Because We Had A Strategic Interest In Romania
08.16.2011
The strategic interest of Austria’s Erste Group in Romania allowed the government to get financing at good rates, says Manfred Wimmer, chief financial officer of Austrian group that controls BCR, more