The National Bank of Greece, a leading institution in the country, scans possibilities for an aggressive extension of its activities on the Balkans, namely in Bulgaria and Romania
Published:
14 March 2005 y., Monday
The National Bank of Greece, a leading institution in the country, scans possibilities for an aggressive extension of its activities on the Balkans, namely in Bulgaria and Romania, according to Greek media.
The accent will be put on the presence of the Greek financial institution, country's largest lender in terms of assets, in Romania where it plans to double its network, the bank's Chief Executive Takis Arapoglou was quoted as saying to journalists.
"We will try to acquire banks in Romania and Turkey that will give us a good presence, a strong depositor base and an extended network," Arapoglou said, adding that the bank will not overpay for any acquisitions.
The top banker went on to note that it aims to further cut its staff over the next three years.
In Bulgaria where it has a well-positioned affiliate - the United Bulgarian Bank, the National Bank of Greece plans to launch two new insurance companies.
Šaltinis:
novinite.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Today, the Commission published a Communication which outlines the most serious tax problems that EU citizens face in cross-border situations and announces plans for solutions.
more »
The European Commission has opened a formal investigation under EU state aid rules to examine a number of support measures, including several capital injections and shareholder loans, that the Hungarian authorities granted to Malév-Hungarian Airlines in the context of its privatisation and subsequent renationalisation.
more »
Internet and lax customs enforcement drive growth of 600 billion US dollar counterfeit goods industry.
more »
350 million people rose out of poverty in the past decade, but 1.4 billion are still extremely poor, says the latest report into rural poverty.
more »
New plan sets out action to reach 75% employment target for the EU by 2020.
more »
Research Ministers of the EU Member States and Associated Countries, together with the European Commission, are announcing in Brussels today three new pan–European energy research infrastructures.
more »
Algirdas Šemeta, Commissioner for Taxation, Customs, Audit and Anti-fraud, is visiting Moscow today to discuss ways in which customs cooperation between the EU and Russia can be reinforced.
more »
Following on from Monday's debate with ECB President Jean-Claude Trichet, MEPs on Tuesday adopted a resolution, by a show of hands, gauging the ECB's performance in 2009 and suggesting actions to be taken in view of the economic situation.
more »
The European Parliament today approved €10.5 million in European Globalisation Adjustment Fund aid to over 3,000 people in the Netherlands who lost their printing and publishing sector jobs last year, due to the economic crisis.
more »
A diamond-studded gold coin engraved with a picture of the Taj Mahal and worth 100,000 euros is unveiled at the Paris mint.
more »