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