Final state aid repayment from BAWAG PSK

General News

Austria will receive 350 million EUR owed by bank BAWAG PSK today, in the final repayment of the state aid provided to the lender during the financial crisis. The repayment comes after further capital was provided to BAWAG PSK by shareholders in March. Rumours that owners including investor Cerberus Capital Management are looking to sell […]

Erste’s BCR first bank to drops early repayment loan fee


Austrian Erste Group’s subsidiary Banca Comerciala Romana (BCR) announced it has dropped the early repayment fee for newly contracted bank loans if they are without guarantees and with variable interest.It is the first bank on the Romanian market that announces the move after the Romanian government earlier this week said it would impose a European […]