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Five years after it was founded, Pater Bank was sold in 2000 to Piraeus Bank, [1] and its name was changed to reflect its new owner. Piraeus Bank sold its Romanian subsidiary to J.C. Flowers & Co. on 28 June 2018, who changed the bank's name to First Bank on 12 September 2018.
Piraeus Bank: The Romanian subsidiary of Piraeus Bank was acquired by J.C. Flowers & Co., whom later changed the bank's name to First Bank on 30 October 2018. 28 June 2018 Bancpost: 1 January 2019 The Romanian subsidiary of Eurobank Ergasias merged with Banca Transilvania. 31 December 2018 Bank of Cyprus: 1 January 2019
In March 2017, it sold Piraeus Bank Cyprus to an investment group led by Lebanese businessman Maurice Sehnaoui, which renamed it AstroBank. [22] In September 2017, it sold its Serbian banking and leasing operations of Piraeus Bank Beograd, to Direktna Banka A.D. [23] [24] In December 2017, it sold Piraeus Bank Romania to J.C. Flowers & Co. [25 ...
Piraeus Bank Tower is a large office building located in the city of Bucharest, Romania. It stands at a height of 64 meters and has a total of 15 floors, with a total surface area of 14,321 m 2 (154,150 sq ft). [1] The Romanian headquarters of the Greek Piraeus Bank is located in this building. [2]
Location of Romania. Romania is a sovereign state located in Southeastern Europe. Following rapid economic growth in the early 2000s, Romania has an economy predominantly based on services, and is a producer and net exporter of machines and electric energy, featuring companies like Automobile Dacia and OMV Petrom.
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Banca Transilvania S.A. (also BT or TLV) is a banking institution with headquarters in Cluj-Napoca, Romania. The bank was founded in 1993 in Cluj-Napoca with a capital of 2 billion RON, of which 79% was Romanian and 21% foreign. BT is the largest bank in Romania in terms of assets, with a market share of over 16%. [2]