Sponsored Content
Hungary: Erste Group Confident
Politics ♦
Published: January 6, 2014; 23:15 ♦ (Vindobona)

Sponsored Content
The third-largest lender in CESEE underlined that the Hungarian subsidiary will not be sold. The Austrian bank is confident to reach the turnaround soon.

As reported by Vindobona, the party state-backed Hungarian lender Szechenyi Commercial Bank wants to take over the Hungarian affiliate of Austrian RBI (Raiffeisen Bank International). According to the Hungarian daily “Magyar Hirlap”, the Hungarian state is also interested in Erste Group´s Hungarian subsidiary.
The currently largest banks are the state-owned OTP Bank, FHB,…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
First Offer for RBI´s Hungarian Subsidiary (January 6, 2014)
Austria: Major Banks Exhibit Significant Shortages in Core Capital Quota (December 17, 2013)
Erste Group to Reduce Goodwill (December 17, 2013)
Improving Situation for Banks in CEE (December 10, 2013)
Erste Group Bank AG - SWOT Analysis & Company Report (July 12, 2013)
Sponsored Content
Read More
ISIN
AT0000652011
Featured