Results 176 - 200 from 468 for "banks"
-
EIB, EBRD, WB Interested In Financing Romania’s Comarnic-Brasov Highway – Minister
11.24.2013
The European Investment Bank, the European Bank for Reconstruction and Development, and the World Bank have expressed interest in financing Comarnic - Brasov highway, infrastructure minister Dan Sova more
-
Restructured Loans Trigger RON61M Loss For Romanian Banks In September
11.10.2013
The Romanian banks reported a combined loss of 61 million lei (EUR13.7 million) in September, due to reclassifying restructured loans which triggered an increase in loan-loss provisions by RON612 more
-
Losses Of Commercial Banks And Central Bank Strongly Affect Romania’s Budget Revenues
11.05.2013
The Romanian state collected only 15.7 million lei from banks in the first nine months of this year as earnings tax (tax on profit), 18 times less than in the similar period of 2012, and central bank more
-
Over 700,000 Romanians Are At Least One Month Overdue On Bank Loans
10.30.2013
Over 700,000 Romanians are currently more than one month overdue on their bank loan payments and 4.5 million people have taken out 7.5 million bank loans, Florin Danescu, executive president of the more
-
Romania’s Contactless Card Market Seen Double In 2014, At 400,000 Units
10.29.2013
The Romanian market of contactless smart cards is expected to double in 2014 at nearly 400,000 units, issued by Visa and MasterCard, and 10,000 contactless POS (point-of-sale) terminals, according to more
-
Banks Grant Loans To “Premium” Clients To Buy Romgaz Shares
10.25.2013
The initial public offering (IPO) of 15% in state-run natural gas producer Romgaz, the largest offering in the history of the Bucharest Stock Exchange, has made a lot of commotion on the financial more
-
Romanian Banks Swing To RON1.5B Aggregate Profit In Jan-August
10.21.2013
The Romanian banks reported an aggregate net profit of 1.5 billion lei (EUR337 million) in the first eight months of 2013, versus losses a year-earlier, helped by lower risk costs and fewer loan-loss more
-
Non-Residents Withdrew EUR1B From Romanian Banks In January-August
10.14.2013
Non-residents, mostly banking groups, had EUR6.7 billion in medium and long-term deposits in banks in Romania at the end of August, about EUR1 billion less than in December 2012, according to central more
-
Banks Reluctant To Make Loans Cheaper
10.08.2013
The average interest on corporate loans in lei rose slightly in August to 8.7%, while the average deposit interest fell by almost 0.7% to 3.4% a year, reveal central bank data. The corporate segment more
-
National Bank of Greece To Exit Romania, Other SEE Markets - Press
10.03.2013
National Bank of Greece has agreed with the European Union's competition authorities to exit the Southeastern European markets where it currently operates, including Romania, Greek newspaper more
-
Foreign Banks Cut EUR8B From Lines Of Credit Since Pre-Crisis Peak
10.01.2013
The foreign funding of banks in Romania dropped to nearly EUR19 billion in August, which translates into a EUR2.6 billion decline in the past year and a EUR4.6 billion decline in the past two years, more
-
Basescu: Banks In Romania Repatriate “Enough” Money To Parent Banks
09.29.2013
Banks in Romania repatriate “enough” money to parent banks and the Ponta Cabinet may have made some mistakes in this respect, President Traian Basescu said Sunday. more
-
Romanians Can Take Banks To Court Over Abusive Clauses As Of October 1
09.25.2013
Romanian consumers will be able to denounce in court potentially abusive clauses introduced by service providers, including banks, as of October 1, Prime Minister Victor Ponta said Wednesday. more
-
A&D Pharma Gets EUR190M Syndicated Loan From UniCredit, BCR And BRD
09.25.2013
Sensiblu, part of pharmaceutical group A&D Pharma, has attracted a factoring facility from lenders BCR and UniCredit Tiriac Bank for the lei equivalent of EUR100 million. more
-
Vasilescu, BNR: Decision Of Most Banks To Halt Lending Is Wrong
09.24.2013
The decision made by most banks to halt lending citing various reasons is “wrong,” but the central bank is no ministry and therefore cannot tell banks whom they can or cannot finance, Adrian more
-
Foreign Banks' Exposure To Romania Fell To $46.4B In 1Q
09.16.2013
Foreign banks cut their exposure to Romania by more than $3.3 billion to $46.44 billion in the first quarter of 2013, data from the Bank for International Settlements showed. more
-
Decline In Consumer Loan Stock Is Bad For The Economy
09.12.2013
Consumer loan stock fell by the equivalent of 21 billion lei (EUR4.6 billion) in July, from the record high reached in February 2009, when the financial crisis hit Romania. more
-
BNR At A Loss To Allow Banks To Write Off Bad Loans
09.09.2013
Romania’s central bank still has its reservations when it comes to allowing banks to write off bad loans (completely erase the value of non-performing loans), because it doesn’t consider it wise more
-
Ranking Of Leasing Companies Affiliated To Banks In 1H
09.06.2013
The top-three leasing companies affiliated to banks in the first half of the year were, in this order, UniCredit Leasing, VB Leasing and Raiffeisen Leasing, according to market sources. more
-
BNR: Parent Banks Withdrew EUR5B In Eighteen Months
08.29.2013
The deleveraging process of foreign banks in Romania is not done yet and will become even worse because parent banks are asking for their money back, says Nicolae Cinteza, head of the Supervisory more
-
Five Banks Plan To Raise EUR150M From Selling 3,500 Foreclosed Homes
08.22.2013
BCR, BRD, Banca Transilvania, Raiffeisen and CEC Bank – the largest lenders in Romania by assets, hope to collect EUR150 million from selling 3,500 foreclosed homes, according to data collected by more
-
Profit Of Banking System Exceeds RON1B In 1H
08.13.2013
The banking sector ended the first six months of this year in the black, with the overall net profit amounting to 1.15 billion lei, according to data from central bank BNR. This comes after a loss of more
-
Romania Might Raise Funds For 2013 First Home Program By RON1B
07.29.2013
Romania’s Government will increase funding for this year’s edition of the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will be more
-
Ponta Urges Banks To Resume Lending
07.19.2013
The biggest challenge for the Romanian economy is the lack of lending as banks have turned into “real estate agencies,” according to Romanian Prime Minister Victor Ponta. more
-
No To-Big-To-Fail Banks In Romania, Says Central Bank’s Chief
07.18.2013
The largest Romanian banks are not nearly large enough to be deemed “too big to fail”, but some of them may be too big by local economic standards, central bank governor Mugur Isarescu said more