Greek banks invest more than 1 billion euro in Romanian real estate developments

Greek companies operating in Romania on Greek capital - Bancpost, Alpha, Piraeus and Banca Romaneasca- have injected at least 1 billion euro in the biggest real estate developments in Romania; these banks, alongside UniCredit, are the largest real estate financiers in the country, Ziarul Financiar reports.Locally, the Greek banks have extended loans of nearly 13 billion euros, both through their local subsidiaries and the parent banks, while deposits raised stand at only 6 billion ...

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