BANCI | ENGLISH

OTP Bank withdrew the appeal filed against the National Bank of Romania regarding Banca Romaneasca takover

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
2018-04-19 11:39

OTP Bank extraordinary announcement:

OTP Bank Plc. („OTP Bank”) hereby informs the capital markets in connection with the acquisition of the 99.28% shareholding held by National Bank of Greece S.A. (“NBG”) in Romanian Banca Romaneasca S.A. (“BROM”) and the acquisition of other Romanian exposures of other Romanian subsidiaries of NBG by OTP Bank Romania S.A. (“OBR”) (“Transaction”) that - due to the non-fulfilment of the conditions precedents by the longstop date - the share purchase agreement entered into on 26 July 2017 has been terminated.

With reference to this development, on 18 April 2018, OBR withdrew the appeal filed against the National Bank of Romania’s (“NBR”) first instance decision, in which NBR did not grant its approval with respect to the Transaction.

Taguri: OTP Bank  National Bank of Romania (NBR)  

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



European Commission progress report on Romania under the Cooperation and Verification Mechanism

European Commission - Press release European Commission´s progress report on Romania under the Cooperation and Verification Mechanism Strasbourg, 13 November 2018 European Commission´s progress report on Romania under the Cooperation and detalii

IMF concludes visit to Romania

IMF Staff Concludes Visit to Romania (press realease): End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the detalii

Digitalization will make most traditional banks irrelevant by 2030, according to a Gartner report

By 2030, 80 percent of heritage financial services firms will go out of business, become commoditized or exist only formally but not competing effectively, according to a Gartner statement. These firms will struggle for relevance as global digital platforms, fintech companies and other detalii

Erste Group aquires minority stake in BCR from SIF Oltenia

Erste Group and SIF Oltenia announce the preliminary agreement for the acquisition of a 6.29% stake in BCR, according to a statement. - Erste Group to acquire the entire stake held by SIF Oltenia in Banca Comerciala Romana for EUR 140 million - The execution of the transaction is detalii

Ultimele Comentarii