The business in Romania blog writes about the Romanian business landscape, doing business in Romania, investing in Romania business and debating on business issues in Romania. Check this Blog's Policy here.
Sitemap | Feedback | Doing Business in Romania report | Opening a Business in Romania | RSS for this Blog
Thursday, November 18, 2004
The Romanian branch of the Turkish owned Finansbank is to be listed on the Bucharest Stock Exchange (BSE) as of next year, as the bank is to put out an initial public offering (IPO) in the second half of 2005.
Also planned for next year is the launch of the bank's second bond issue on the capital market, following the first issue made last month. "With our first bond issue we wanted to show our commitment to Romanian financial markets. In the medium term, we intend to open the bank to the public," said the president of the bank, Tamer Ozatakul, during the official opening of the trading session of the Bucharest Stock Exchange on the occasion of the listing of the bank's first bond issue.
As a result, Finansbank Romania will become the third foreign-owned bank to be listed on the capital market after BRD-SocGen and Eurom Bank. Two Romanian banks are also listed on the stock exchange: Banca Transilvania and Banca Comerciala Carpatica.
Posted by Mihai Botea : 11/18/2004 01:31:00 pm
06/01/2004 - 07/01/2004
Romanian universal service financing for 2004 set ...
Dracula Theme Park Gets Approval
World Bank Lends $275 Million to Romania
U.S. Ambassador's Remarks at the Ex-Im Bank Infras...
Council of Europe warns of affects of the Bastroe ...
AVAS takes over half billion euro debts in Rafo an...
Greenpeace militants protest in Romania at Canadia...
Rompetrol contemplates coalmines
Terapia borrows USD 25 mln. from HVB Bank and Bank...
Celestica to invest $100 mln in Romania
Publications & Media
This website is proud to be designed by Mihai Dragan
I usually listen to THIS kind of music.