The European Bank for Reconstruction and Development (EBRD) recently announced some of the 2016 results of its work to support small- and medium-sized enterprises (SMEs) through its Small Business Initiative.
The UniCredit board of directors recently approved the UniCredit S.p.A. Provisional Financial Statements and the Consolidated Financial Statements as of Dec. 31 and said that its CET1 transitional ratio is within European Central Bank (ECB) requirements.
Erste Group recently released analysis from its research team suggesting that while economic growth in Central and Eastern Europe (CEE) has been improving substantially in the past year, the region's economy does not show signs of overheating.
Ten new certificates of the Erste Bank Group, including group stock, currency and index certificates, are now trading on the Bucharest Stock Exchange (BVB), according to a recent release from the exchange.
Daniele Nouy, chairperson of the Supervisory Board of the Single Supervisory Mechanism (SSM) at the European Central Bank, recently visited the Bank of Greece in Athens to meet with staff and exchange views on banking and the Greek debt situation.
The European Bank for Reconstruction and Development (EBRD) has teamed up with Mid Europa Partners to invest $26.8 million in Romania’s fastest-growing supermarket and convenience store chain, Profi Rom Food SRL.
One topic of conversation at the Bucharest Stock Exchange (BVB)’s recent Investment Spring event was the prevalence of overnight deposits in Romania and the factors that could drive Romanians to invest in funds and equities.
The European Commission recently imposed a total of $164 million in fines against Behr, Calsonic, Denso, Panasonic, Sanden and Valeo, which investigations uncovered were taking part in cartels for air conditioning and engine cooling car components.