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BANCI

Erste Group signs a binding transaction agreement with SIF Moldova to acquire a 6 percent stake in BCR

Erste Group Bank AG (Erste Group) announces in a press release it has entered into a binding transaction agreement with SIF Moldova to acquire its 6% stake in BCR. SIF Moldova will receive: - Erste Group shares for up to 515,104,582 BCR shares at an exchange ratio of 1:127.9583 - cash for up detalii

BANCI

Today is set to be the busiest ever day for online shopping across Europe, according to analysis by Visa Europe

Today is set to be the busiest ever day for online shopping across Europe, according to analysis by Visa Europe. The payments technology company expects more than €510 million to be spent online by consumers with their Visa cards, the majority (80%) of which will be spent on debit cards, said detalii

BANCI

Erste Group has completed the first agreements with two SIFs by acquiring 6.23 per cent in BCR against cash and issuance of new shares

In connection with the announcement published by Erste Group on 14 September 2011 regarding the transaction with the Romanian investment funds SIFs (Societatea de Investii Financiare) to acquire their stake in BCR, upon the completion of the first tranche of agreements with SIF Muntenia and SIF detalii

BANCI

Enrico Tommaso Cucchiani appointed as Managing Director and CEO of Intesa Sanpaolo Bank

The Intesa Sanpaolo Supervisory Board, chaired by Giovanni Bazoli, met today. In accordance with article 23.9 of the Articles of Association, Guido Ghisolfi replaces Elsa Fornero as a board member, effective 16 November 2011. As regards the Supervisory Board’s internal committees, from today Elsa detalii

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