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Tag Archives: Patria Bank

BNR sanctioned only five banks in 2017, compared to 55 in 2016

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 Romania (BNR). Throughout ...

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BNR has sanctioned two banks in the first eight months: Patria Bank – written warning and Bancpost – fined

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 ...

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PBK, the new trading symbol for Patria Bank shares on Bucharest Stock Exchange

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 trading symbol ‘BCC’ becomes ...

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Patria Bank (ex- Carpatica) plans to reduce its share capital by 40 pc

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 (BVB). ...

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Patria Bank – Banca Comerciala Carpatica merger in limbo

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 the Bucharest Stock Exchange (BVB) ...

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Banca Comerciala Carpatica – Patria Bank merger, indefinitely postponed. What happened?

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 17, a press release informs. ...

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National Bank approves the merger between Banca Comerciala Carpatica and Patria Bank

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 ...

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Nextebank will become Patria Bank

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 Wall-Street.ro. The ...

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