Pe scurt si cu talc | ENGLISH

Vista Bank acquires Crédit Agricole Romania

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
2021-01-05 09:13

Vista Bank announces the agreement with Crédit Agricole Group for the acquisition of the shares (100%) in Crédit Agricole Romania, according to a statement.

The acquisition is pending to the approval by the National Bank of Romania and the Romanian Competition Council and is expected to be finalized during the 1st half of the year.

Once the acquisition is completed, Vista Bank will have total assets of above €1.2 billion, loans of €750 million, deposits of €1.1 billion and more than €105 million CET1 capital.

Mr. Stavros Lekkakos, Chairman of Vista Bank Board of Directors says: “The acquisition of Crédit Agricole Romania represents a key milestone for Vista Bank and is in alignment with our strategy to further increase and consolidate our position in the market. We are focused to support the Romanian economy creating value for all the stakeholders, customers, employees, shareholders. We would like to thank the representatives of Crédit Agricole for their cooperation and professionalism in this transaction.”

PWC and David & Baias provided tax & legal advice, while Deloitte conducted financial due diligence on certain matters. 

Vista Bank is operating in Romania since 1998 through a network of 31 branches and 320 employees providing a full range of products and services to local and international clients. For more information, please visit www.vistabank.ro

Crédit Agricole (Romania) has a network of 14 branches, total assets of €535 million, deposits of €410 million and loans of €395 million.

Taguri: Vista Bank  Credit Agricole  

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



OTP Bank, in the program for implementing the state aid scheme based on GEO no. 224/2020

OTP Bank Romania is one of the partner financial institutions selected within the program for implementing the hospitality aid scheme, announced by the Ministry of Economy, Entrepreneurship and Tourism (MEET), according to a statement. Through the new partnership with MEET, OTP Bank detalii

Mustafa Tiftikcioğlu is the new CEO of Garanti BBVA Romania

The National Bank of Romania has approved the appointment of Mustafa Tiftikcioğlu as CEO of Garanti BBVA Romania. Mustafa Tiftikcioğlu replaces Ufuk Tandoğan, who is completing his mandate within the bank, after 9 years at the helm of Garanti BBVA Romania, according to a detalii

Vista Bank acquires Crédit Agricole Romania

Vista Bank announces the agreement with Crédit Agricole Group for the acquisition of the shares (100%) in Crédit Agricole Romania, according to a statement. The acquisition is pending to the approval by the National Bank of Romania and the Romanian Competition Council and detalii

EBA confirms banks solid capital and liquidity positions but warns about asset quality prospects and structurally low profitability

EBA confirms banks solid capital and liquidity positions but warns about asset quality prospects and structurally low profitability (EBA statement): - Ratios of non-performing loans (NPL) stable, but increasing proportion of Stage 2 and forborne loans. - Total assets increase by detalii

 



 

Ultimele Comentarii

  • Buna dimineața

    Buna dimineața. Am o poprire pe salariu la Raiffaisen BANK de către un executor judecătoresc ... detalii

  • Eroare BTPAY

    Cum a spus si alexandru mai sus , asa am facut si eu aveam ora la telefon cu 4-5 min in fata, ... detalii

  • Revolut

    Revolut a introdus ... detalii

  • Mda

    Numai că BCR te pune sa semnezi pe același formular cum că ești de acord cu condițiile lor de ... detalii

  • reclamatie

    de citeva sapt ing imi cere resetarea parolei pe care apoi n-o accepta Astfel am ajuns la resetari ... detalii