SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Latest in Economy
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
SEE TOP 100
arrow
Browse SEE TOP 100
Latest in SEE TOP 100
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Greece's Eurobank not to sell Serbian unit - report

Sep 21, 2017, 4:14:18 PMArticle by Radomir Ralev
share
September 21 (SeeNews) - Greece's Eurobank Ergasias has no plans to sell its Serbian subsidiary as it is profitable, Belgrade-based media quoted a senior bank official as saying.

Greece's Eurobank not to sell Serbian unit - report
Source: Eurobank Srbija

Eurobank Ergasias said on Friday it has entered into negotiations on the potential sale of its subsidiaries in Romania to Cluj-based Banca Transilvania.

"We do not plan to sell or withdraw from the Serbian market," news portal eKapija quoted Slavica Pavlovic, president of the executive board of Eurobank Srbija, as saying earlier this week.

The profit of the Serbian unit of Eurobank stood at 1.7 billion dinars ($17 million/14.3 million euro) in the first seven months of 2017, up 30% on the year, Pavlovic added.

Elsewhere in Southeastern Europe (SEE), Eurobank is also present in Bulgaria.

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.