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Erste: The impact of the bank asset tax will be EUR 100 million in 2019

Austrian banking group Erste Group, present in Romania through BCR, estimates that the impact of the tax on bank assets recently introduced by the Romanian government through Emergency Ordinance 114 will be over EUR 100 million in 2019. The amount estimated by Adreas Treichl, Erste Group’s general manager, is lower than analysts’ estimates, who had said the burden of this new tax on BCR would be somewhere between EUR 120 and 150 ...

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