Banks
Brussels: The 27 agreed on an embargo on Russian oil
The package of sanctions includes other tough measures, such as the removal from the swift of the largest Russian bank Sberbank
NLB buying out small Komercijalna Banka shareholders
Ljubljana – The NLB bank has send a request to its Serbian subsidiary NLB Komercijalna Banka for a buy-out of the minority shareholders as Slovenia’s largest bank recently reached the relevant threshold after acquiring additional shares. NLB expects that the buy-out will have a neutral impact on the group’s bottom line.
Central Europe Reveals Holes in Tightening Net of Russia Sanctions
At the state level, while all EU countries have unanimously approved the five rounds sanctions against these Russian/Belarusian entities and individuals, they have done so with varying degrees of enthusiasm.
NLB completing integration of Komercijalna Banka
Ljubljana – NLB bank is completing the integration of Komercijalna Banka, a Serbian bank it bought in 2020. It has received regulatory approval for the legal merger of Komercijalna with NLB’s existing branch in Serbia, while the operational merger will take place over the weekend.
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Sparkasse bank’s total assets in Slovenia up by fifth
Ljubljana – Banka Sparkasse, the Slovenian subsidiary of the Austrian banking group Erste Group, increased its total assets by more than a fifth to EUR 1.6 billion last year, which compares to 8% growth in the country’s baking system.
French bank Societe Generale exits Russia
French banking group Societe Generale said yesterday it was ceasing activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of his country.
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Slovenian subsidiary of Sberbank gets new supervisors
Ljubljana – The shareholders of the Slovenian subsidiary of Russia’s Sberbank, which was acquired by Slovenia’s largest bank NLB in March, formally decided on Monday to rename the subsidiary N Banka.
Γερμανικός «εμφύλιος»; Γιατί η Volkswagen σνομπάρει την Deutsche Bank
H Volkswagen επέλεξε τις «ξένες» Goldman Sachs, Bank of America, JP Morgan και Citigroup, προκειμένου να «τρέξουν» την IPO της Porsche
Bosnians, Croatians, Queue to Withdraw Money From Russian Bank
Customers wait in long queues in a Sberbank branch in Sarajevo. Photo: BIRN
In Bosnia, many wanted to withdraw their money, fearing the loss of their savings. Bank officials are giving dates to customers if they want to withdraw large sums due to high demand.
Intesa Sanpaolo bank reports almost 40% rise in profit in 2021
Ljubljana – The Slovenian subsidiary of Italian banking group Intesa Sanpaolo generated a net profit of EUR 18 million last year, an increase of 38.5% compared to 2020, according to figures published on Friday. Slovenia’s Intesa Sanpaolo subsidiary has also generated EUR 69 million in operating income last year, an increase of 1.5% compared to 2020, according to figures released today.