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

Polish unemployment rate increases

Poland's unemployment rate increased by two percentage points in November to 17.6% more »

The Positive rating Outlook

FITCH OUTLOOK ON KAZAKH'S BANK CASPIAN CHANGED TO POSITIVE more »

Italy fears Enron-size crisis as Parmalat brought to its knees

The crisis at Italian agri-food giant Parmalat, described by Economy Minister Giulio Tremonti as "Europe's Enron", sent shockwaves through Italian industry more »

Ericsson snags EDGE contracts in Hungary, Ukraine

Sweden—L.M. Ericsson said it is the sole supplier for a full commercial EDGE network by Hungarian wireless operator Westel more »

Growth of Azerbaijan's GDP Made Up 10.9%

It is reported from the State Statistical Committee that the Gross Domestic Product (GDP) of Azerbaijan made up 31.4 trillion AZM in January-November 2003 more »

Finally, Murdoch gets DirecTV

Media mogul Rupert Murdoch today cleared the final hurdles to fulfilling his long-sought dream of acquiring the DirecTV satellite service, a coveted pipeline into millions of American television sets more »

Yukos Agrees to Dissolve $13.9 Billion Sibneft Merger

AO Yukos Oil Co., Russia's biggest oil producer, agreed to dissolve its $13.9 billion takeover of OAO Sibneft after a dispute over management of the combined company scuttled the country's largest merger more »

Bank Reports Surge in Demand for Czech Currency

The Czech Republic is one of the fastest growing holiday destinations for UK tourists, a bank claimed today more »

28,000 Customers

The total current micro credit portfolio on Azerbaijan makes up $15.280 million more »

World Bank Working Out Several Projects

World Bank specialists are working on several projects, including those on investment and structural reforms, to be implemented in Azerbaijan more »