Results 951 - 975 from 2602 for "bank"
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Banks in Romania Paid RON1.2B Tax on Profits in 2018
02.07.2019
The tax on profits commercial banks paid and the transfers from the net revenue of Romania’s central bank reached 1.84 billion lei (EUR388 million) in 2018, up about 80.8% over 2017, the 2019 budget more
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Patria Bank Sells Batch Of RON502M Worth Of NPLs In Two Tranches To Kruk
02.04.2019
Lender Patria Bank, held by investment fund Axxess Capital, sold a batch of non-performing loans (NPLs) worth a total RON502 million to companies within Polish debt collection group Kruk. more
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Romania Forex Reserves Drop to EUR31.922B in January
02.01.2019
Romania's foreign exchange reserves fell to EUR31.922 billion at the end of January from EUR33.065 billion at the end of 2018, central bank data showed Friday. more
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Romania Seeks to Raise CEC Bank Capital By RON940M
02.01.2019
Romania's finance ministry plans to raise the share capital of state-owned CEC Bank by RON940 million, according to the 2019 state budget draft released late Thursday. more
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Garanti Bank, IFC Sign EUR55M Loan Agreement to Support SMEs, Energy Efficiency in Romania
01.29.2019
Lender Garanti Bank on Tuesday signed a loan agreement for EUR55 million with International Finance Corporation (IFC), a member of the World Bank Group, for the funding of small and medium sized more
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Unicredit Bank: Romania May Have Trouble Keeping Budget Deficit Under 3% Of GDP In 2019-2020
01.28.2019
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Patria Bank Sells NPLs Totaling RON331.5M to Kruk Romania
01.25.2019
Lender Patria Bank has sold a batch of non-performing loans totaling RON331.5 million to debt collector Kruk Romania, the bank said in a statement Friday. more
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Romania Private Lending Grows 0.1% on Month in December 2018
01.25.2019
Private lending in Romania grew a marginal 0.1% (declined 0.02% in real terms) in December 2018 compared with November, to RON251.05 billion, central bank data showed Friday. more
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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