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News tagged with “emporiki bank”. Found: 42 tagged news reports.
 

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Athens :: Greece | 10 months ago

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42 Comments: 0 Previous drops in funding have been largely replaced with domestic deposits. The European Commission has told Greek banks to curtail funding to their subsidiaries in South Eastern Europe, including Bulgaria , according to Greek media

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Athens :: Greece | 1 year ago

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French bank Credit Agricole said on Tuesday that its quarterly earnings rose 51 percent, helped by the sale of a Greek unit which had cost it heavily in the year-ago period. Net profit rose to 469 million euros ($612 million) from a pro-forma 311

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Lisbon :: Portugal | over 1 year ago

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Credit Agricole reports record loss Credit Agricole has reported its worst loss since going public in 2001 French bank Credit Agricole has reported a record loss for 2012 after an unexpected tax charge relating to the sale of its Greek business

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Paris :: France | over 1 year ago

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Credit Agricole is working on a cost-cutting plan of 150 million to 200 million euros ($199 million to $266 million) through 2015 at its corporate and investment banking unit, a union source said. The bank's management recently briefed unions on the

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Athens :: Greece | almost 2 years ago

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Greece Greece's Alpha Bank says it is in talks with France's Credit Agricole to buy its Greek unit Emporiki Bank. Alpha said Monday it was in talks to purchase the entire share capital of Emporkiki and that the transaction is expected to be completed

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Athens :: Greece | almost 2 years ago

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Agricole SA will likely have to pour a further 600 million ($779 million) to 700 million into its flailing Greek unit before it will be able sell the subsidiary, according to people from both the private and public sectors with knowledge of the sales

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Athens :: NY :: USA | almost 2 years ago

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France's largest banks are stepping up moves to unload their Greek subsidiaries and sever their unhappy ties to the crisis-hit country -- whose future in the euro zone is still shaky. Societe Generale SA (EPA: GLE), France's second-largest bank, said

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Athens :: Greece | almost 2 years ago

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Piraeus Bank is in talks to buy French peer Societe Generale's Greek unit Geniki, a Piraeus source said, as Greece's battered banking sector consolidates to cope with the country's debt crisis. Hammered by a deep recession and rising loan impairments,

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Paris :: France | almost 2 years ago

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Credit Agricole SA  Chief Executive Jean-Paul Chifflet said Tuesday that he hoped to reach an initial agreement to sell the French bank's Emporiki unit in a few weeks, as losses at the troubled Greek business and write-downs on Italian assets slashed

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Athens :: Greece | almost 2 years ago

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Agricole said Thursday that it has received binding offers from several Greek banks that are interested in acquiring its Emporiki Bank of Greece unit. The French financial institution said it is assessing the offers and that no strategic decision has

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