5 sep 2014

Piraeus Bank, a Greek-held medium-sized player in Romania’s banking system, in January-July 2014 released retail loans matching the value of loans granted in the entire 2013 and reached monthly more

28 aug 2014

Nine of the ten largest financial leasing companies posted revenue growth by 9% to 90% in the first half, amid a surprising rebound of the market. more

27 aug 2014

Banks in Romania had retail and corporate loans worth just 213.8 billion lei (EUR48.3 billion) left in their portfolios at the end of July, a three-year low, as they are unable to sell enough loans in more

26 aug 2014

The leu is the only currency in the Central and Eastern Europe that gained ground against the euro since the end of 2013, while the Polish zloty, the Czech koruna and Hungary's forint lost one to five more

7 aug 2014

Austria's Volksbank group has put up for sale a portfolio of commercial real estate assets and non-performing corporate loans with a nominal value of EUR460 million, more than one quarter of which more

30 iul 2014

The leu consumer loans, whose resurgence bankers expect to boost their revenue, are being offered at a more than 10% yearly interest, even though banks pay 2% to 3% for deposits from consumers and more

28 iul 2014

The stock of loans banks granted to those looking to buy a home stood at more than 5.9 billion lei (EUR1.34 billion) in mid this year, almost three times higher than in the year-ago period, according more

24 iul 2014

Bank lending fell by almost 4% year-on-year in June, double as much as in May, due to the worsening decline in foreign currency loans and the slowdown of the growth of leu financing. more

23 iul 2014

Standard rates for mortgage loans in lei have become cheaper than foreign currency mortgages, following the interest rate decrease on the Romanian market. more

22 iul 2014

The financial markets in Bucharest are under slight pressure again, following the escalation of the conflict in Ukraine and the renewed apprehension of the international financial markets, so the more

21 iul 2014

Gorj and Iasi lead by far in the ranking of Romania’s counties with the highest level of retail and corporate loans against the sums in current accounts and deposits set up with banks. The more

18 iul 2014

Romania’s 20 largest pawn shop networks, included in the category of non-banking financial institutions supervised by the central bank, reported revenue worth 370 million lei (EUR84 million) and more

15 iul 2014

At the end of April, banks in Romania had medium and long-term deposits set up by non-residents, particularly forms of support from parent banks, worth EUR6.54 billion, which was about EUR90 million more

15 iul 2014

The 50 largest non-banking financial institutions (NBFI), largely consumer lending companies, in 2013 reported overall profit worth 144 million lei (EUR33 million) amid revenue of RON2.9 billion more

14 iul 2014

Demand for large loans, largely corporate ones, advanced by just 12,000 applications in the first five months compared with the same period of last year, with banks requesting 439,000 reports from the more

27 iun 2014

The Credit Bureau, the institution that collects data on household loans, released five million reports at banks’ request for information on the situation of existent and potential clients in more

26 iun 2014

The five most expensive properties put up for sale by BCR, BRD, Banca Transilvania and Raiffeisen Bank on their websites have starting prices of almost EUR50 million. more

26 iun 2014

Around 20% of the almost EUR3 billion negative figure registered by the companies with the 100 widest losses in the economy last year were reported by banks and insurance companies, which virtually more

12 iun 2014

Second tier banks can very well survive without attaining significant market share because the crisis forced them to cut red tape, better assess risks and seek to specialize on a client niche. This more

11 iun 2014

Bankers are waiting to clean up their portfolios by removing fully provisioned non-performing loans from their balance sheets before boosting lending, but continue to complain about really weak demand more

6 iun 2014

Retail loan interests fell to a new all-time low of 8.7% a year in April, while the average cost of borrowing for companies returned to less than 7% a year, a level it had reached at the end of last more

3 iun 2014

The seven largest insurers in Romania cut the number of employees by 15% last year, keeping only 9,000, which shows the restructuring process has picked up speed after five years of significant sales more

28 mai 2014

The stock of leu loans banks granted to home buyers stood at more than 4.9 billion lei (EUR1.1 billion) at the end of April, up about half a billion lei on the previous month, according to central more

9 mai 2014

Loans were only 2% higher than the deposits of consumers and companies at the end of March, so banks are close to balance the loan to deposit ratio, meaning the lending will be funded entirely from more

5 mai 2014

The Romanian leu is back on the investors’ radar as a result of an estimated economic growth of 3% to 4% in the first quarter and it hit a six-month high despite political turmoil in neighboring more