Press Releases 2005 - Central and Eastern Europe
UniCredit New Europe Research Network:
International banks continue their strong expansion in CEE
The banking market in Central and Eastern Europe (CEE)1 continues to be dominated by international banks, which consider the region as a second home market with strong growth potential.
Bank Austria Creditanstalt acquires Nova Banjalucka Banka
Today, Bank Austria Creditanstalt (BA-CA) acquired the majority share of 83.27 per cent in Nova Banjalucka Banka (NBB) in Republika Srpska, Bosnia & Herzegovina (BiH).
BA-CA becomes active in building society business in Romania
Bank Austria Creditanstalt (BA-CA) becomes active in the building society business in Romania. Through HVB Banca pentru Locuinte, a newly established building society, BA-CA has started to offer loans on favourable terms for housing construction and refurbishment.
BA-CA completes merger of its two Serbian banking subsidiaries
Bank Austria Creditanstalt (BA-CA) has successfully completed the merger of HVB Bank and Eksimbanka, its Serbian banking subsidiaries. Today the new bank starts operating under the name of "HVB Bank Serbia and Montenegro".
Merger agreement between Bank Austria Creditanstalt
and Tiriac signed
Bank Austria Creditanstalt (BA-CA) and Ion Tiriac have signed an agreement to merge HVB Bank Romania with Banca Tiriac in Bucharest today. With 50.1%, BA-CA will hold the majority in the new bank and will have responsibility for managing the business. The other main shareholder will be Ion Tiriac.
Bank Austria Creditanstalt and Ion Tiriac have reached a pre-agreement to merge HVB Bank Romania with Banca Tiriac to create "HVB Tiriac"
Bank Austria Creditanstalt (BA-CA) intends to merge its Romanian subsidiary HVB Bank Romania with Banca Tiriac, Romania’s eleventh-largest bank headquartered in Bucharest.
Bank Austria Creditanstalt arranges EUR 160 million transaction for Croatian Bank for Reconstruction and Development
Today the agreements on the highly successful syndication for the Croatian Bank for Reconstruction and Development (Hrvatska Banka Obnovu i Razvitak – HBOR) will be signed in Opatija, a town on the Croatian Adriatic coast.
Hebros Bank joined BA-CA Group
Bank Austria Creditanstalt, which is responsible for the markets in Central and Eastern Europe within HVB Group, and its Bulgarian subsidiary HVB Bank Biochim have finalized today the acquisition of Hebros Bank.