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EximBank finalises Banca Romaneasca's takeover

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EximBank has finalized the acquisition of SA (BROM), with the submitted bid being part of the agreement concluded in June 2019 between EximBank and of Greece (NBG) on the purchase of the latter's 99.28 percent stake in BROM, the bank said in a release.

As a result of the acquisition, EximBank enters Romania's attractive retail market and becomes a universal bank with full services and will continue to fulfill its long-term mission by supporting and promoting Romania's economic development.

The new entity will rank among the top 10 banks in Romania,…

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