News

Erste acquires 49% stake in Santander's Polish unit for $7.7 billion
Austria's Erste Group Bank acquired a 49% stake in Santander's Polish unit for around 6.8 billion euros ($7.7 billion), ...
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Romanian currency depreciates to 5 lei per euro
The Romanian currency depreciated significantly against the euro on Tuesday, for the first time crossing the threshold of 5 ...
Santander raises €7bn from Poland sale
Deal with Vienna-based Erste Group cuts exposure to country with few connections to Spanish bank’s biggest markets ...
Erste Group Weighs Buying 49% of Santander’s Polish Unit
Erste Group Bank AG is exploring buying a major stake in Banco Santander SA’s Polish unit, seizing an opportunity to expand ...
Erste in talks with Santander to buy 49% of its Polish unit
Austria's Erste Group Bank is in discussions with Santander about buying a 49% stake in the Spanish bank's Polish unit in a deal that could be worth more than $8 billion, the lenders said on Monday.
Warsaw Business Journal1d
Erste buys Santander Bank Polska, pays PLN 584 per share
After the acquisition, Erste becomes the region’s largest banking group with €430 billion in assets, surpassing rivals like ...
European stocks mixed as investors await earnings and central bank decisions
European markets kicked off the week on a cautious note, trading mixed on Monday amid holiday-thinned volumes and growing ...
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Romania's manufacturing downturn eases in April - Erste
Romania's manufacturing Purchasing Managers' Index (PMI) rose to 48.3 points in April, up from 46.9 points in March, Austrian ...