Results 901 - 925 from 2544 for "bank"
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Major Banks Warn Government New Bank Asset Tax Will Trigger Economic Crisis in Romania
01.21.2019
In an unprecedented move, the banks in Romania through their leaders warned the government that Ordinance 114 introducing the bank tax will generate economic crisis in Romania and cause a decline in more
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Finance Ministry Prepares to Deal New Blow to Banks: Non-Tax-Deductible Provisions
01.16.2019
The Finance Ministry has a new measure in store that will impact the banking system: provisions will no longer be tax-deductible unless there is a loan or financial-asset loss. more
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Quarterly Bank Taxation Fears Cause EUR1B Capitalization Drop on Bucharest Stock Exchange
01.15.2019
Companies listed on the Bucharest Stock Exchange lost 4.3 billion lei (almost EUR1 billion) of their capitalization, which dropped to RON139 billion on Monday, as the plummeting banking stocks pushed more
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Romania's Bank Tax Could Lower Interests on Deposits
01.09.2019
The so-called “greed tax” on bank assets will not necessarily affect lending so much as it might prompt bank to cut costs by lowering interest rates on deposits, which are already below the more
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World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020
01.09.2019
The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June 2018 projection. more
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EIB Grants EUR22.3M Loan To Garanti Bank Romania To Support Local SMEs
01.09.2019
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New Taxation Changes Hurt Most Representative Sectors on Bucharest Stock Exchange
01.09.2019
Energy companies and banks, which are among the most traded stocks on the Bucharest Stock Exchange, will pass on to their customers the financial burden introduced by the Emergency Ordinance 118, to more
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Central Bank Governor Says ROBOR Rate Unconnected to Bank Tax
01.08.2019
Romania's central bank governor Mugur Isarescu said Tuesday after the bank's monetary policy meeting the recent drop in interbank interest rates has nothing to do with the tax on bank assets but with more
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Romanian Central Bank Keeps key Rate Unchanged at 2.5% a Year
01.08.2019
Romania's central bank on Tuesday kept its benchmark interest rate on hold at 2.5% at its first monetary policy meeting this year, the bank said in a statement. more
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Romania Forex Reserves Grow to EUR33.065B in 2018
01.03.2019
Romania's foreign exchange reserves grew to EUR33.065 billion at the end of December 2018, from EUR32.531 billion end-November, central bank data showed Thursday. more
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Romania Private Lending Grows 0.4% on Month in November
12.28.2018
Romanian private lending grew 0.4% (0.6% in real terms) in November compared with October, to RON250.71 billion, central bank data showed Friday. more
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Garanti Bank Gets EUR77M Loans to Finance SMEs
12.27.2018
Lender Garanti Bank has signed two financing agreements totaling EUR77.3 million to finance sustainable energy projects and small and medium-sized enterprises. more
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Alpha Bank Gets EUR30M Loan From EFSE To Fund SMEs
12.21.2018
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
12.21.2018
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report. more
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Uztel Ploiesti Seeks to Borrow RON9.5M from First Bank
12.14.2018
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) seeks two loans totaling RON9.5 million from First Bank to refinance a previous credit line and to fund working capital. more
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Romania's Current Account Deficit Balloons to EUR7.99B in Jan-Oct
12.14.2018
Romania's current account balance posted a deficit of EUR7.99 billion in January-October, nearly 52% higher compared with a deficit of EUR5.267 billion in the same period last year, central bank data more
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Alpha Bank Seeks to Launch First Covered Bonds Program in Romania
12.06.2018
Lender Alpha Bank is preparing to launch the first covered bonds issue in Romania after its shareholders approved a program with a maximum principal amount of EUR1 billion (or equivalent in other more
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Wallberg Group Gets EUR5.2M Loan from Garanti Bank for Timisoara XCity Towers
11.28.2018
Real estate group Wallberg Properties, owned by local entrepreneur Valentin Morar, has secured a EUR5.8 million loan from Garanti Bank for its EUR62 million XCity Towers project in Timisoara, western more
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Start of First Bank Era After Piraeus Bank
11.28.2018
First Bank (formerly Piraeus Bank) that US private equity firm J.C. Flowers & Co bought has officially entered the American age. The bank inaugurated its first branch under the new brand identity on more
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OTP Bank, Merkantil Bank Zrt Boost OTP Leasing Romania’s Share Capital By RON5.5M
11.26.2018
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Romania Private Lending Grows 0.8% on Month in October
11.26.2018
Romanian private lending grew 0.8% (0.3% in real terms) in October compared with September, to RON249.62 billion, central bank data showed Monday. more
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Libra Internet Bank Net Profit Grows to RON75M in Jan-Sept
11.22.2018
Libra Internet Bank, a small lender with 1% share on the local market, on Thursday said its net profit grew to over RON75 million, 20% higher than its profit for the whole of 2017. more
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Romanian Banking System NPL Rate Drops to 5.56% end-September
11.20.2018
The non-performing loan rate in Romania's banking system stood at 5.56% at the end of the third quarter of 2018, down 15 basis points compared with the second quarter, central bank data showed more
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Patria Bank Raises Share Capital to RON311.5M
11.20.2018
Lender Patria Bank (PBK.RO), owned by investment fund Emerging Europe Accession Fund (EEAF), has increased its share capital to RON311.5 million from RON274.1 million by issuing 373.6 million new more
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Libra Internet Bank Relocates to Phoenix Tower in Bucharest
11.19.2018
Libra Internet Bank will relocate its headquarters to the Phoenix Tower office building in Bucharest, citing growth in recent years and the need to brings its divisions under the same roof. more