User Contributions:

Comment about this article or add new information about this topic:

Public Comment:  (50-4000 characters)

Name:

E-mail:

Type the code shown:

Show my email publicly:

ROMANIA: RZB TAKES OVER BANCA AGRICOLA

Article Abstract:

Raiffeisen Zentralbank (RZB) of Austria has signed an agreement to buy 98% of Romania's third-largest bank Banca Agricola. Banca Agricola employs about 3,600 staff at 226 branches. The full-range bank has a balance sheet total of about EUR 362mn. RZB is to seek synergies between Banca Agricola and its Romanian subsidiary Raiffeisenbank. The latter specialises in commercial clients and investment banking, but launched consumer banking in year 2000. The bank with about 100 staff has a balance sheet total of about EUR 67mn.

User Contributions:

Comment about this article or add new information about this topic:

Public Comment:  (50-4000 characters)

Name:

E-mail:

Type the code shown:

Show my email publicly:

ROMANIA: RZB EYEING BANCA AGRICOLA

Article Abstract:

Raiffeisen Zentralbank (RZB) of Austria is said to be interested in taking a stake in Romanian Banca Agricola that is to be privatised. Banca Agricola, which employs about 3,600 staff, has a balance sheet total of about Sch 5bn.

User Contributions:

Comment about this article or add new information about this topic:

Public Comment:  (50-4000 characters)

Name:

E-mail:

Type the code shown:

Show my email publicly: