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Balkans Banking News. Service for global professionals. Constantly updated news and information about Balkans.
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Latest Balkans Banking News

  • Austria Nationalizes Overextended Lender 15 Dec 2009 22:30 GMT
    ... Austria nationalized the local unit of a German ... destabilize fragile economies in places like Slovenia, Serbia and Croatia. Austrian banks stumbled badly at the beginning ...

  • Greece sees few glimmers of hope 15 Dec 2009 21:11 GMT
    ... By Patrick Jenkins in London and Kerin Hope in ... south-east Europe has compounded their bad-debt problems. Bulgaria is believed to be the worst affected, ... the worst affected, followed by Romania and Serbia. Although the banks’ international exposure is relatively ...

  • At Austrian Bank, Settling Haider's Accounts 15 Dec 2009 19:50 GMT
    ... bank in Austria, expanded rapidly into the Balkans during Mr. Haider’s return to office in ... Austrian central bank, Hypo and other Austrian banks can expect at least 10 billion euros ... 250 million euros in transactions with the ex-Croatian general Vladimir Zagorec, who was extradited from ...

  • Boom times for organized crime 15 Dec 2009 17:52 GMT
    ... three books about eastern Europe and the Balkans. Glenny discussed international organized crime in his ... Costa, the is already acting as a banker not only to consumers but to banks themselves. His team has uncovered information that ...

  • Gold Gives Back Bounce Despite Risk of Government Debt Defaults 15 Dec 2009 16:27 GMT
    ... THE PRICE OF GOLD gave back yesterday's 1.4% rally ... matching Moody's downgrade of late last month. Romania's finance minister said he expects to get ... and imposing a 90% tax on large banking bonuses. The Athens stock market lost 1.3% ...

  • Boom times for global organized crime 15 Dec 2009 16:00 GMT
    ... three books about eastern Europe and the Balkans. Glenny discussed international organized crime in his ... Costa, the is already acting as a banker not only to consumers but to banks themselves. His team has uncovered information that ...

  • Droughts The Next Great Threat To Iraq? 15 Dec 2009 15:55 GMT
    ... upper reaches. “If you go down to the bank, you will see where the water was ... Ducks and geese sit listlessly on creek banks that have not been exposed in decades -- ... to dip south into Turkey from the Balkans and the Russian steppe. Cloud seeding and ...

  • Gold Unwinds 1.4% Bounce But "Unthinkable" Risk of Debt Default "Makes Precious Metals Attractive" 15 Dec 2009 15:54 GMT
    ... gave back yesterday's 1.4% rally on Tuesday morning in ... matching Moody's downgrade of late last month. Romania's finance minister said he expects to get ... and imposing a 90% tax on large banking bonuses. The stock market lost 1.3% on ...

  • Worries over Volksbanken hit Austria 15 Dec 2009 15:32 GMT
    ... down 5.1%. The country's ATX index dropped 2.1%, or ... losses in Eastern Europe, in particular in Croatia, Bulgaria and Ukraine, which contributed to the bank's ...

  • Tax amnesty to hit southern canton of Ticino 15 Dec 2009 14:31 GMT
    ... A successful Italian tax amnesty ends on Tuesday, with ... subject to tax and comes ahead of Romania, Bulgaria and Estonia. Nicole della Pietra in Lugano, ...

  • Bulgaria Banking Sector Analysis 15 Dec 2009 14:16 GMT
    ... “Bulgaria Banking Sector Analysis” is an analytical study of the thriving banking industry of the southeastern ...

  • EMERGING MARKETS-Forint tests 6-wk low, caution on E.Europe 15 Dec 2009 12:13 GMT
    ... LONDON, Dec 15 (Reuters) - Hungary's forint tested a ... at RBS in a client note. The Romanian leu steadied, however. Romania may get a ... million five-year bond at 9.25 percent, a banking source said. Pricing is due later today ...

  • Bulgaria could mortgage Sofia's former sugar factory 15 Dec 2009 11:51 GMT
    ... Bulgaria’s Culture Ministry might mortgage the building of ... loan to finance repairs at the site. The bank will be paid by the building owner. ...

  • Bulgarian economy hamstrung by inter-company debt - employer association 15 Dec 2009 11:50 GMT
    ... The combined debt of Bulgarian companies, outside the financial sector, is expected ... remaining 70 billion leva was debt to banks and other financial institutions, as well as ...

  • Greece's indebted economy will not affect Bulgarian investments - business council 15 Dec 2009 10:54 GMT
    ... Greece is in dire straits after it was ... Greek investments in neighbouring countries like Bulgaria, Albania, Macedonia and Romania, although Greek businesses say that ...


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