Alpha Bank, Eurobank and KKR reach agreement to support Greek companies Alpha Bank, Eurobank & KKR have agreed to assist Greek companies through assigning to Pillarstone’s platform the management of credit and equity exposures towards them.
Romania’s BCR returns to profit – reverses NPL provisions According to news site Romania-Insider.com, BCR Romania’s largest bank and subsidiary of Austrian group Erste, recorded a net profit of EUR 206 million in 2015. In 2014, the bank had net losses of EUR 630 million, due to high write-offs related to non-performing loans totaling almost…
January 21st, 2016 Romania’s BCR to sell EUR 1bn of NPLs According to Romanian business site BnE IntelliNews, Romania’s BCR (Erste Group) shall continue to sell non-performing loans (NPL) in the amount of over €1bn. According to the site, bundles of NPLs sold by BCR can include loans from BCR’s portfolio both on its balance…
