OTP Bank
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Baerbock vs. Szijjártó: Ended with conflict
As reported by Sputnik, the reason for the disagreements is OTP Bank and the blocking of aid to Ukraine.
According to the words of four diplomats, during the meeting of foreign ministers in Brussels on Monday, Germany and Hungary quarreled over the role of the Hungarian bank in the Ukrainian conflict, writes "Politico" analyst Jacopo Barigazzi.
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Memorandum signed to build Ljubljana passenger terminal
Ljubljana – Public and private investors, including the government, signed a memorandum in Ljubljana on Tuesday to cooperate in the construction of a EUR 387 million passenger terminal in Slovenia’s capital, also known as Emonika.
IIB Successfully Registers its First ever Medium Term Notes (MTN) Programme on Dublin Stock Exchange
The Medium Term Notes (MTN) Programme provides a maximum debt of up to EUR 1.5 bn that could be issued in the international capital markets (with the possibility to be upsized in the future) without specifying a pre-determined time period for these issuances (multi-year).
Hungary's OTP wants to buy another bank
Addiko Bank emerged from the bankrupt Austrian Hypo Alpe Adria bank, whose Balkan network of branch offices was sold to the Advent investment group and the European Bank for Reconstruction and Development in 2014.Quoting reports by business
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Bulgarian Central Bank Approves OTP's Purchase of SocGen's Local Business
Bulgaria's central bank has given Hungary's OTP Bank the green light to buy Societe Generale's Bulgarian businesses, the central bank said in a statement on Wednesday, reports Reuters.
Societe Generale Close to Sale of Bulgarian Bank to Hungary's OTP
SOFIA (Reuters) - French bank Societe Generale (SOGN.PA) is in final talks to sell its Bulgarian unit to Hungary's OTP Bank OTPB.BU and is likely to announce the deal this month, two sources familiar with the process said.
France's Societe General reportedly leaving Serbia, region
This is according to EU Scoop, a small independent English language Bulgarian website, who citied anther Bulgarian website, capital.bg.
According to the report, like Telenor, the bank will be "another big name that has pulled out of Bulgaria and the rest of Central and Eastern Europe."
Sociate Generale is Leaving Bulgaria
The French Societe Generale Banking Group is withdrawing from all countries in Central and Eastern Europe and is also selling its business in Bulgaria - Societe Generale Expressbank, Capital reported.
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National Bank considers options after Romanian subsidiary's sale is rejected
Greece's National Bank (NBG) said on Monday it is considering other options on its Romanian subsidiary Banca Romaneasca after Romania's central bank rejected a deal to sell the unit to Hungary's OTP Bank .
NBG had agreed in July last year to sell 99.28 percent of Banca Romaneasca to OTP Bank Romania, a unit of OTP Bank, as part of an EU-approved restructuring plan.
Romanian Banca Transilvania gets approval to buy Greek Eurobank's Bancpost
Romanian lender Banca Transilvania said on Friday it has received regulatory approval from the country's competition watchdog and the central bank to buy Greek Eurobank's Romanian subsidiary Bancpost.
"Banca Transilvania estimates that the closing of the transaction regarding the acquisition of Bancpost will take place during the first half of April 2018," it said in a statement.