Tag Archives: Erste Group

Erste Group pulls sale of €3.6bn Project Neptune NPL platform

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Banca Comerciala Romana (BCR), Romania’s largest bank and part of the Erste Group, pulled the sale of the Project Neptune Romanian commercial real estate (CRE) and corporate non-performing loan portfolio (NPL) and platform this week after rejecting the final remaining … Continue reading

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Blackstone and Deutsche Bank-fronted consortiums compete with Lone Star on €3.6bn Project Neptune

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Banca Comerciala Romana (BCR), Romania’s largest bank and part of the Erste Group, has selected two consortiums and one solo private equity investor to progress to the second round the largest-ever Romanian commercial real estate and corporate non-performing loan portfolio. … Continue reading

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Romanian NPL market thaws with €1bn across portfolios from Bank of Cyprus and Erste Group up for sale

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Two non-performing corporate loan portfolios, secured by Romanian commercial real estate, have been launched with a combined face value of just under €1bn from Bank of Cyprus (BoC) and Erste Group. The first non-performing loan (NPL) portfolio is dubbed Project … Continue reading

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