Results 26 - 50 from 59 for "greece"
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Bancpost-Banca Romaneasca Merger To Take A While
02.20.2013
Bancpost and Banca Romaneasca may start preparing for the merger that will create a sounder top ten bank in Romania after the official announcement about the successful bid of National Bank of Greece more
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Greek Banks Close Down 60 Branches In Crisis, Deposits Fall By EUR600M
01.06.2013
Greek banks in Romania had deposits of EUR4.3 billion left in September last year, down by the equivalent of EUR600 million compared with September 2011, according to data published by shareholders in more
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ANAT Eyes Protocol With Greek Tourism Organization To Promote Romanian Destinations
06.30.2012
Corina Martin, head of Romania's National Association of Tour Operators (ANAT), on Saturday said the association will sign a protocol with the Greek Tourism Organization in a move to bring in as many more
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Greek Banks Manage To Draw In New Deposits Of EUR37M In 1Q
06.04.2012
The calming of tensions over the Greek debt crisis in the first quarter of the year allowed Greek banks to retain their stocks of deposits. more
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Greece’s Euro Exit To Direct Attention To Financing Loan Portfolio – Romanian Bank Official
06.03.2012
Greece’s euro zone exit would raise the question of who will finance the loan portfolio of Greek lenders' subsidiaries in Romania, estimated at about EUR5-7 billion, ING Bank Romania general manager more
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What A “Grexit” Would Mean For Romania: Euro Above RON5 And Doubled Interest Rates
06.01.2012
The leu’s depreciation by 10%-15% against the euro and the doubling of interest rates for lei on the interbank market would be the direct and fast effects on the Romanian market of the prospective more
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ING: BNR Is Able To Fill The Financing Gap At Greek Banks
05.31.2012
Romania is exposed to the risk of contagion with the Greek banking market, including through the over EUR4 billion financing lines with Greek banks, which can become uncertain, but the Romanian more
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Isarescu’s Dilemmas: How To Juggle Exchange Rate, Interests, Exports, Leu Savings And Lack Of Foreign Funding
05.30.2012
Almost four years since the crash of the Lehman Brothers bank, the officially recognized milestone that marks the start of the most serious financial and economic crisis of the last eighty years, a more
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BNR: Greek Banks Have Enough Cash And Government Paper To Meet Their Obligations
05.24.2012
Greek-held banks in Romania have a solvency ratio that is two percentage points above the banking system average, their obligations are well covered in cash and government paper and the shareholders more
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Romania, Jittery As It Awaits Greek Government’s EUR18B Injection Into Banks
05.23.2012
The strong local presence of Greek-held banks raises tough questions for Romania. Who will be able to replace the financing and how will they do it? The Greek banks are awaiting impatiently the more
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BNR’s Greatest Fear: Aggressive Lending Cut By European Banks
05.21.2012
The fast, excessive and erratic reduction of lending by euro zone banks on the local market is the greatest risk threatening Romania, the central bank (BNR) believes, as a consequence of the more
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UniCredit: Greek Euro Exit Unlikely To Hit Romania Too Hard
05.18.2012
A potential exit of Greece from the eurozone is unlikely to have a significant impact on the Romanian economy, a senior official of Italy’s banking group UniCredit said Friday. more
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Deposit Withdrawn From Greek-Held Banks Go To Major Local Banks
04.25.2012
Greek banks were unable to retain their customers worried about the potential spillover of the crisis abroad and lost more than EUR900 million in deposits last year, while banks with large networks more
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Central Bankers To Be Guardians Of Foreign Banks’ Exposure To Romania
10.28.2011
Nine of the ten foreign banks that control local top ten lenders need billions of euros to recapitalize. Out of the ten-hour talks conducted by the leaders of the euro zone on Wednesday night, Romania more
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CSSPP: Romanian Private Pension Funds Do Not Have Exposure To Greek Issuers
10.17.2011
Romanian mandatory and voluntary private pension funds (Pillar II and III) do not have direct exposure to any investment instrument issued by institutions in Greece, said Mircea Oancea, president of more
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Stewart, Raiffeisen: Greek Default Not As Shocking As A Year Ago
10.13.2011
A potential default of Greece would clearly be bad, but this risk has been talked about so much that if it were to happen, it would not shock the world, as it would have a year ago, says James more
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BNR Advises Greek Banks To Build Up Cash Reserves Just In Case
10.12.2011
Officials of the six Greek bank branches went to the central bank to discuss action plans to be used in case of contingency. more
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Romania Will Need Plan B If Greece Exits Euro Zone
09.29.2011
Finance ministries and central banks also work with scenarios that consider the exit of Greece from the euro zone and Romania should have a plan B for a prospective bankruptcy of Greece, in which case more
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Romania Issues Travel Warning For Greece, Following Malaria Reports
08.24.2011
Romania's Health Ministry warns people planning to travel to Greece that cases of malaria infection have been reported in the Peloponnese (south), and a person who returned to Romania after spending more
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Greek Banks Raise Deposit Interests, While Big Banks Are Lowering Them
07.11.2011
The thirst for liquidity of small and mid-sized banks has led to the re-emergence on the market of offers of leu-denominated deposits with interests of 7.5% to 7.75% a year, even though the major more
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Alpha Bank Injects EUR50M Into Romanian Subsidiary
07.08.2011
Alpha Bank, the local subsidiary of one of the leading Greek financial groups, received a significant capital injection in June, of EUR50 million. Bank officials say the capital increase is part of more
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Erste: Greek Capital Withdrawals To Have Limited Impact On Romanian Economy
07.05.2011
Romanian economy is unlikely to experience a setback following potential capital withdrawals from Greek lenders, as investors would step in to cover the gap, a survey from Austria’s Erste Group more
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Concerns About Greece Raised Romania’s Risk Premium In Last Few Days- Franks
06.28.2011
Greece woes have resulted in the increase of risk premium for Romania in the last few days, but it will be some time before it can be determined whether the situation is a long-term one and what the more
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Romanian President Thanks Local Greek-Owned Banks For "Proper" Conduct
06.28.2011
Romanian President Traian Basescu said Tuesday, after a talk with Greek President Karolos Papoulias, that the seven Greek banks on the Romanian market are operating "properly," for which he more
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Analysts Recommend Leu Investments, Despite Greek-Fueled Pressures
06.27.2011
Events in Greece, a country which European leaders are struggling to save from bankruptcy, are moving the leu/euro exchange rate quite strongly. more