UBS

Societe Generale Bank Srbija (Societe Generale) posts substantial growth of profit before tax in the first half of 2018 (H1) in the amount of 5.3 bln dinars (45.1 million euros), which is by as much as 86 percent higher than the same period last year - a continuation of the positive trend constantly achieved by Societe Generale on the domestic market.

The management of National Bank of Greece told the lender's annual general meeting on Thursday that it will place emphasis on the lender's full transformation through changes to its operational model to meet the challenges of the time and the economy's funding needs.

State Secretary for Inter-institutional Relations and Legal Affairs with Romania's Ministry of Foreign Affairs (MAE) Cristian Winzer welcomed Portugal's ambassador in Bucharest Fernando Teles Fazendeiro on Monday to discuss Brexit, highlighting the shared interests of the two countries in protecting the rights of European citizens in the UK.

Romania wants its presidency of the Council of the European Union to be "citizen-centered," the country's Minister-delegate for European Affairs Victor Negrescu said at a conference on "The Road to Sibiu, from Sofia, via Vienna" on Thursday.

Fitch Ratings on Friday affirmed the Bucharest municipality's long-term local and foreign currency issuer default ratings (IDRs) at "BBB-," with stable outlook, informs a press release of the financial assessment agency.

The agency also affirmed the short-term foreign currency IDR at "F3."

Prosecutor General Augustin Lazar on Monday issued the order through which Anca Jurma has been delegated as chief prosecutor of the National Anticorruption Directorate (DNA).

Denmark, a Nordic kingdom not often associated with financial shenanigans, is facing a massive scandal with banking champion Danske Bank accused of helping to launder $8.3 billion through an Estonian subsidiary.

Qualco's Greek subsidiary Qquant is according to sources undertaking the management of the bad-loan portfolio of 5.2 billion euros that National Bank of Greece is selling to the consortium of Sweden's Intrum and US firm CarVal.

Prime Minister Viorica Dancila said on Thursday that 288.02 million euros have entered Romania's coffers as reimbursements of payments related to the European Agricultural Fund for Rural Development (EAFRD).

She added that Romania reached 17pct in the absorption of European funds, approaching the European average of 18pct.

Six bank employees are being charged as members of a criminal ring believed to have netted more than 2.7 million euros in cash and valuables from safe deposit boxes of a branch of National Bank in Thessaloniki over a period of 17 years.