Get real time updates directly on you device, subscribe now.
The National Bank of Romania (BNR) has issued a preliminary approval on the merger between Banca Comerciala Carpatica and Patria Bank, allowing the start of completing the final formalities of beginning the registration of the new bank and the commencement of operations for effective integration, according to a press release from Patria Bank.
In the coming period the necessary operations for the integration of the two banks will commence.
Patria Bank Group is owned by the Emerging Europe Accession Fund (EEAF), a private equity investment fund having as main investors the European Bank for Reconstruction and Development (EBRD), the European Fund for Investments, part of the European Bank for Investments, Banca de Dezvoltare, part of the KFW (DEG) banking group and the Black Sea Development Bank.
Patria Bank Group includes Patria Bank SA, Banca Comerciala Carpatica SA, Patria Credit IFN SA, SAI Carpatica Asset Management and SAI Intercapital Invest SA.
DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRLUniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002