Investors circle over Eurobank

Published: 3 February 2005 y., Thursday
According to reports, the owner of Eurobank is ready to sell the company for $150-180 million. This valuation is close to the market value of Bank Ochrony Środowiska, which is more than five times larger than Eurobank. However, it did not surprise analysts as the company has had a better return on banking activity than many of its larger competitors.
Šaltinis: Warsaw Business Journal
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Hungary Makes Another Effort to Sell Malev

Hungarian Government Makes Another Effort to Sell Its Troubled Malev Airlines more »

Uzbekistan expects 7% GDP growth in 2005

Uzbekistan plans to achieve growth of gross domestic product by 7% in 2005 more »

Latvia’s Parex Asset Management opens subsidiary in Ukraine

Parex Assets Management (PAM), an asset management company owned by Parex Bank, has established a subsidiary in Ukraine, Parex Asset Management Ukraine, to launch the fund management operations there by the end of the year more »

Banking Rate In Armenia Remains Unchanged - 16% Annually

Since September 1 the banking rate in Armenia remains unchanged at 16% annually more »

Exchange deals

Armenian Dram Increases By 0.10% Against U.S. Dollar In August more »

DEVELOPMENT OF ENTREPRENEURSHIP

Over 53,000 private entrepreneurs with a license and a registration number and over 14,000 enterprises, making up 79% of the total number of registered legal entities in the country, were registered in the private sector of the economy in 2003 more »

The Highway

The first highway that will answer the international standards, is being constructed in the Western Kazakhstan more »

Little Sign of New Jobs Created in Europe

The euro zone continues to experience a jobless recovery, with no indication that new jobs are being created after more than a year of generally sluggish economic growth more »

INCREASED FUEL&LUBIRICANTS TRANSIT TARIFFS

Russia's enclave on the Baltic sea, the Kaliningrad region will sustain losses from Lithuania upping prices on railway transit of fuel and lubricants along its territory more »

Rabobank and EBRD poised to take major stake in BGŻ

Leading Dutch bank Rabobank will likely become a strategic investor in state-owned BGŻ, a bank servicing mainly the agriculture sector more »