Competition Council looking at Banca Romaneasca's acquisition by OTP Bank
Publicat:The Competition Council is looking at the deal whereby OTP Bank Romania is taking over Banca Romaneasca SA from National Bank of Greece (NBG), as well as the Romanian assets pertaining to NBG's London branch and its Maltese subsidiary, the Council said in a release on Wednesday.
The acquired assets represent loans and related guarantees subject to agreements between NBG's London branch and its Maltese subsidiary, respectively, and various Romanian customers. Both OTP Bank Romania and Banca Romaneasca SA operate in the sector of financial and banking services. OTP Bank Romania is a member…
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