Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


Eximbank buys Banca Romaneasca from Greece’s NBG

Eximbank, a Romanian state-owned bank, has secured a deal to acquire Banca Romaneasca from the Greek group NBG for an amount of EUR 250-350 million. National Bank of Greece was forced to sell Banca Romaneasca due to troubles on its domestic market and failed to close a transaction with OTP Bank last year due to Romanian central bank’s opposition. Eximbank and J.C Flowers, who bought Piraeus Bank, entered the final phase of ...

Article accessible to subscribers only. Please login or subscribe.