(IN BRIEF) The European Bank for Reconstruction and Development has sold its entire 5 per cent holding in the Bank of Cyprus, amounting to over 22.4 million shares, through an accelerated bookbuild on the Athens Stock Exchange. The EBRD first … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged accelerated bookbuild, Athens Stock Exchange, ATHEX, Bank of Cyprus, banking sector, Cyprus, EBRD, European Bank for Reconstruction and Development, eurozone crisis, financial sector recovery, Governance, Kristina Zagar, non-performing loans, partnership, recapitalisation, restructuring, Return on equity, stake sale
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €50 million subordinated loan to Garanti BBVA Romania to enhance its capital base and support sustainable lending. Garanti BBVA Romania will use the funds to invest in … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Romania
Tagged Banco Bilbao Vizcaya Argentaria, BBVA, capital base, Climate Action, EBRD, environmental sustainability, EU banks, Garanti BBVA, green economy, investment in Romania, Kristina Zagar, low-carbon economy, Mustafa Tiftikcioğlu, Romania, subordinated loan, Sustainable Lending
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