Latest Breaking News On - பாங்கா ரோமனெஆஸ்க - Page 1 : comparemela.com
INTERVIEW Cristian Lazar, CEO Green PC Ambalaje: Sustainability is the only option for the future – The Diplomat Bucharest
thediplomat.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thediplomat.ro Daily Mail and Mail on Sunday newspapers.
Five offers submitted by credit institutions, accepted for implementation of state aid scheme in tourism
stiripesurse.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stiripesurse.ro Daily Mail and Mail on Sunday newspapers.
National Bank of Greece sells 174 mln euro Romanian NPLs portfolio to Bain Capital Credit
seenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seenews.com Daily Mail and Mail on Sunday newspapers.
The COVID-19 crisis is expected to accelerate the consolidation of the banking sector in the Central and Eastern Europe (CEE) in the following years, as smaller players might not be able to weather the profitability and capital challenges, according to the latest edition of Deloitte CEE banking M&A study, conducted in 16 countries, including Romania.
Romania was one of the busiest markets in the CEE region in terms of banking mergers and acquisitions (M&A), with three transactions between 2019 and September 2020: Olimpiu Balas acquired 63% of Banca Comerciala Feroviara, EximBank Romania took over 99% of Banca Romaneasca and J.C. Flowers bought 100% of Bank Leumi Romania. According to Deloitte Romania’s analysis on the local M&A market in 2020, the financial sector was among the most active ones last year considering the number of transactions.
National Bank of Greece to sell 174 mln euro Romanian NPLs portfolio to Bain Capital Credit Deal, business, corporate contracts
BUCHAREST (Romania), December 22 (SeeNews) - âNational Bank of Greece (NBG) said on Tuesday that it has entered into a definite agreement with Bain Capital Credit for the disposal of a 174 million euro ($211 million) Romanian-risk corporate NPLs portfolio.
The closing of the transaction is subject to standard conditions precedent, including the approval of the transaction by the anti-trust authority in Romania, as well as the consent of the Hellenic Financial Stability Fund, NBG said in a press release.
The transaction is being implemented in the context of NBG’s non-performing exposure deleveraging strategy and in accordance with the Operational Targets submitted to the Single Supervisory Mechanism and has a neutral capital impact to the bank, NBG added.