Asiban: almost 100m-euro revenues

BT will analyse the increase of its Asiban stake, and market sources say BRD-SocGen is interested in buying more shares. The shareholders of the insurance company Asiban could change this year, says chief executive Dumitru Ceraceanu. Asiban shareholders include Banca Comerciala Romana (BCR), BRD-Groupe Societe Generale, Casa de Economii si Consemnatiuni (CEC) and Banca Transilvania; each of them owns 25% in the insurer. “If BCR sells its interest in Asiban, Banca Transilvania will analyse the possibility of buying a stake,” says Radu Hanga, manager of the investments department in Banca Transilvania. Asiban ended last year with 96m-euro gross premiums from both life and general insurance segments, up 169% in euros from the previous year. ZF