07.15.2015

The Romanian banking sector may strengthen furthermore, continuing the positive trend in 2014 and early 2015, while the four branches of the Greek-based banks may be put up for sale as part of the more

07.01.2015

Greek banks’ Romanian units are not dependent on parent banks and the financing lines coming from parent banks account for 27.5% of total liabilities, Romanian central bank governor Mugur Isarescu more

07.01.2015

The Romanian Government has approved the setting up of a bank resolution fund, based on the model of the bank restructuring fund, with contributions from the financial sector, whose resources are to more

07.01.2015

Romania could cover Greek banks' local subsidiaries financing from mother banks, estimated at EUR2.5 billion, which would have an impact of up to 1.5% of GDP and would affect the country's short term more

06.29.2015

The Romanian banking industry association CPBR thinks that, regardless of any upcoming measures in Greece, the impact on the Romanian market will remain limited. more

06.10.2015

Romania will register by 2019 the highest increase in lending among South-East European countries, with an average annual rate of 12.4%, on the back of economic recovery and low interests that fuel more

06.08.2015

One of the most important objectives of Romania’s central bank is to ensure liquidity on the market so that commercial banks can resume the lending activity, central bank’s deputy governor Bogdan more

06.02.2015

The Romanian units of Greek lenders Alpha Bank, Bancpost and Piraeus Bank reported total deposits of EUR4.3 billion (nearly RON19 billion) end-March, down 8% compared with December 2014, according to more

06.02.2015

Businesses in Romania plan to keep their bank loan debts in check or reduce them, as 64% would not take out a loan in lei and 68% would not resort to a loan in euros, regardless of costs, a central more

05.20.2015

Most banks in Romania consider the country should continue its agreement with the International Monetary Fund, which they say is good for stability , according to a survey conducted by EY Romania and more

05.08.2015

Some banks have cut the interest rates at deposits too much, due to the liquidity surplus, but lenders still have room to reduce the loan rates, according to Romania’s central bank governor Mugur more

05.05.2015

Lending will grow 2.3% this year and 4.3% next year, especially on the retail lending segment, where it is seen growing 5.2% in 2016, driven by the First Home mortgage lending program, while deposits more

04.23.2015

The capping of interbank fees to 0.2% for debit card payments and 0.3% for credit card payments will trigger a higher volume of card transactions but will significantly impact small banks, which will more

04.22.2015

Checks and promissory notes worth 2.3 billion lei (EUR520 million) bounced in the first three months of this year, 44% above the level of 1Q, 2014, as banks could not find enough cash in the accounts more

04.20.2015

Raiffeisen, a top five player in Romania’s banking system, will pay shareholders dividends worth 300 million lei (EUR68 million) from last year’s net profit, 14% above the sum disbursed from 2013 more

03.19.2015

The personal insolvency law applied to the loan portfolio of banks in Romania would have an impact of RON3.5 billion, according to a calculation of the Romanian Banking Association (ARB) based on more

03.16.2015

The value of payment requests submitted by banks to Romania's national guarantee fund for small and medium-sized businesses (FNGCIMM) for non-performing loans (NPLs) rose 45% in 2014, the fund said in more

03.02.2015

No large bank in Romania has a woman as president or general manager, but 12 women hold vice-president or deputy CEO positions in the boards of the ten largest players in the local system. more

02.05.2015

The concentration degree in the Romanian banking system has increased modestly over the last three years, with respect to banks holding market above 5%. more

01.30.2015

Romania's banking system posted a loss of RON3.58 billion in January-November last year, as banks purged their balance sheets of non-performing loans, central bank governor Mugur Isarescu said Friday. more

01.29.2015

Banks in Romania had loans granted to individuals and companies worth around 212 billion lei (the equivalent of EUR47 billion) at the end of 2014, down RON7 billion against the end of 2013. The more

01.21.2015

The overall banking system in Romania had losses of more than RON2 billion in 2014, as that level had already been exceeded in November, Nicolae Cinteza, head of the central bank’s Supervisory more

01.15.2015

Foreign investors, largely banking groups, had medium and long-term deposits opened with local banks worth EUR5.77 billion at the end of November, the lowest level since the spring of 2009. Against more

12.18.2014

The local banking system looks completely different from its picture of the autumn of 2008, at the crisis onset, as market players had to adjust to the new conditions, namely low loan demand, falling more

12.08.2014

Four of the seven local large banks that published their Jan-Sept figures reported increases of between 1% and 9% in loan portfolios, but overall, the loan stock contracted by the equivalent of 6 more