Results 1 - 18 from 18 for "arb"
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CEC Bank CEO Bogdan Neacsu Gets New Term At The Helm Of Romanian Association Of Banks
05.24.2024
Bogdan Neacsu, the chief executive officer of CEC Bank, the third largest lender in Romania by assets, has got his second term as chairman of the Romanian Association of Banks (ARB), after having been more
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ARB: Banks Granted Over RON410B New Loans Between Jan 2020 And Aug 2023 Or 29% of 2022 GDP
11.02.2023
Banks granted more than RON410 billion new loans to consumers and companies between the start of the pandemic, i.e., January 2020, and August 2023, or 29% of the 2022 GDP, a report of the Romanian more
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New Loans To Consumers And Companies Up Almost 8% To RON30.5B In Q1
05.15.2023
New loans granted by banks in Romania to consumers and companies stood at RON30.5 billion in the first quarter of 2023, an increase of more than 7.77% on the RON28.3 billion in the year-ago period. more
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New Loans Grow 32% in Romania in January-April
06.29.2021
New loans granted by banks in Romania grew 32% in annual terms in the first four months of the year, to RON34 billion, data from the Romanian banking Association showed Tuesday. more
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ARB: Banks In Romania Donated Over RON23.5M To Hospitals Since Start Of COVID-19 Pandemic
05.12.2020
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ARB: Value Of Credit Card Transactions In Romania Doubles In Last Four Years, Reaching RON4B In 2019
03.04.2020
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ARB: Mortgage Lending Seen Up, Consumer Lending Down In 2017
02.14.2017
This year, mortgage lending will increase, consumer lending will fall, and the banks will focus on granting loans to companies, according to the representatives of the Romanian Banking Association more
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ARB: New Regulations To Excessively Boost Lenders’ Costs
10.04.2016
The new bills related to the banking system, such as the individual insolvency bill, the debt discharge law or the loan conversion bill, are driving lenders’ costs “beyond affordability level”, more
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ARB: Banks In Romania Operate At Lowest Profit Margins In The Region, On Mortgage Lending Segment
07.07.2016
Banks in Romania operate, on the mortgage lending segment, at a net profit margin of 2.26%, the lowest level in the region, said Sergiu Oprescu, president of Romanian Banking Association (ARB). more
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Banks Remain Romania’s Main Lending Provider 25 Years After Establishment Of ARB
05.27.2016
Romania has had to reinvent banking in the past twenty-five years and banks on the local market are now doing well in terms of capitalization, yet the bank service penetration rate remains low more
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ARB: Law On Debt Discharge To Negatively Impact Financial Stability
04.13.2016
The law on debt discharge will have a negative impact on financial stability, while it might also include elements of unconstitutionality and moral hazard, the Romanian Banking Association (ARB) said more
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Oprescu, ARB: Financial Cycle Should Be Resynchronized With Business Cycle For Economic Prosperity
06.18.2015
The financial cycle, which is still on a downward trend, should be resynchronized with the business cycle to trigger a higher economic prosperity by increasing the level of financial brokerage which more
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Loan Restructuring Program Is Rather An Electoral Measure - ARB Head
05.09.2014
Romanian Banking Association (ARB) considers that the government’s loan restructuring program is rather an electoral measure, Florin Danescu, ARB executive president, told a financial seminar more
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Ghetea: Any Incorrect Court Ruling On Abusive Clauses In Loan Contracts May Harm Banks
05.31.2013
Banks in Romania ought to have eliminated all abusive clauses from consumer loan contracts, as a Government emergency ordinance which took effect in 2010 required their elimination by September 21, more
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CEC Bank Blocks Several Cards Amid Fraud Scare
12.14.2011
Romanian state-owned lender CEC Bank said Wednesday it has blocked a number of bank cards issued by financial institutions in Romania, citing possible security breaches. more
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Romanian Banking Association Appoints Executive President
11.10.2011
Romanian banks association ARB on Thursday announced it has appointed Romanian International Bank (RIB) chief Florin Danescu as executive president. more
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Maximum Discretion About Bankers’ Proposals For Draft Restricting Lending To Individuals
09.20.2011
Tuesday is the deadline by which the Romanian National Bank accepts comments and proposals on the draft regulation set to drastically restrict lending in foreign currency to individuals, but the more
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Romanian Banking Association Elects 2 New Board Members
04.14.2011
Romanian Banking Association (ARB) Thursday elected two new members in its Managing Board and approved hiring an executive president. more