Patria Bank

The National Bank of Romania (BNR) opposes the intention of OTP Bank Romania to acquire a 99.28% stake in Banca Romaneasca and mentions that the reasons on which the decision is based cannot be revealed, a release from the central bank…

Credit Europe Bank had the most deviations and breaches of banking regulations in 2017. For all these irregularities the financial institution was fined RON 20,000, following the Order of the First Deputy Governor of National Bank of…

The National Bank of Romania (BNR) sanctioned two banks in the first eight months: Patria Bank (by written warning) and Bancpost (fined RON 25,000), after having applied 55 sanctions last year and 14 other sanctions in 2015. Patria Bank is…

Patria Bank shares, a credit institution that operates on the Romanian banking sector, are traded under a new symbol on the Bucharest Stock Exchange (BVB) market, following the successful merger with Banca Comerciala Carpatica. The old…

Former Banca Comerciala Carpatica (BCC), which became Patria Bank as of May 1 following a merger, wants to reduce its share capital by 40 percent to RON 227.12 million, according to an announcement sent to the Bucharest Stock Exchange…

The Bucharest Court of Appeal approved on Friday, April 21, the merger file between Carpatica Commercial Bank and Patria Bank, which could be implemented as of May 1, and the newly set up institution will be listed on the Stock Exchange and…

The merger between Patria Bank and Banca Comerciala Carpatica (BCC), which received National Bank of Romania (BNR)’s preliminary approval, is currently in limbo after the Appeal Court of Bucharest rejected it, an announcement submitted to…

Although the National Bank of Romania (BNR) has issued a preliminary approval on Banca Comerciala Carpatica absorption by Patria Bank on November 2016, Bucharest Court rejected the merger between the two financial institutions on January…

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…

Nextebank, the bank owned by the private equity fund Axxess Capital, which recently has acquired a majority stake in Banca Carpatica, will change its name in Patria Bank, Horia Manda, Axxess Capital manager,  said in an interview for…