BANCI | ENGLISH

OTP Bank could appeal National Bank of Romania decision to deny Banca Romaneasca takeover

Trimite stirea unui prieten
Nume *
E-mail *
E-mail prieten *
Mesaj
Cod validare * Turing Number
Tastati codul din imagine (doar cifre)
195.154.184.126

Autor: Bancherul.ro
2018-03-19 11:54

OTP Bank statement:

OTP Bank Plc. („OTP Bank”) informs hereby the capital markets that the National Bank of Romania in a management letter notified OTP Bank’s Romanian subsidiary bank on 14 March 2018 that it did not grant its approval for the acquisition of the 99.28% shareholding held by National Bank of Greece S.A. in Romanian Banca Romaneasca S.A. and the acquisition of other Romanian exposures of other Romanian subsidiaries of National Bank of Greece S.A. by OTP Bank Romania S.A.

The management is analyzing the legal aspects of the letter of the supervisory authority, the deadline for appealing against the objection is 29 March 2018.

Nevertheless, OTP Bank’s management is still committed to enhance its presence in Romania via organic growth or further acquisitions.

Simultaneously, OTP Bank adheres to its acquisition strategy dedicated to the Central and Eastern European region and beyond the capital required for organic growth the management intends to allocate significant part of the generated excess capital for further value-creating acquisitions.

Taguri: Banca Nationala a Romaniei (BNR)  OTP Bank  

Comentarii



Adauga un comentariu
Nume *:

E-mail *:
(nu se afiseaza pe site)
Subiect:
*
Comentariu:

Turing Number

Tastati codul din imagine (doar cifre)  



Adauga un comentariu folosind contul de Facebook

Alte stiri din categoria: ENGLISH



Erste Group CEO Bernd Spalt decides not to renew contract

A year before the upcoming renewal of his contract as CEO of Erste Group, Bernd Spalt has informed the Nomination Committee of the Supervisory Board that he has decided not to renew the contract as CEO, which runs until 30 June 2023, said the bank in a statement: This decision results from diverging views about the future strategic long-term direction of the Group. The Supervisory Board will initiate the process for succession in the relevant bodies once the Nomination Committee has been reconstituted following the upcoming Annual General Meeting (18 May detalii

First Bank launches the new cards collection

First Bank launches its new collection of cards, transformed into one of original artistic accessories, inspired by the American art. The concept is unique on the Romanian market and is aligned with the bank´s modern image. The new design is signed by Cheil Centrade and features detalii

NBR Board decisions on monetary policy

The Board of the National Bank of Romania, having convened for the meeting of 10 January 2022, decided: - to increase the monetary policy rate to 2.00 percent per annum, from 1.75 percent per annum, as of 11 January 2022; - to extend the symmetric corridor of interest rates on detalii

Reflections on 20 years of the euro: joint article by Eurogroup members

Twenty years ago tomorrow, around 300 million Europeans held a brand new currency in their hands, the euro. From Lisbon to Helsinki to Athens, citizens were able to withdraw euro banknotes in their local ATMs, buy their groceries with euro coins and travel abroad without exchanging detalii

 



 

Ultimele Comentarii