Results 1 - 12 from 12 for "solvency"
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BNR: Conversion Of Swiss Franc Loans Sends Two Lenders Below Minimum Solvency Level
10.14.2016
Romania’s central bank (BNR) says that the conversion of the Swiss franc loans at the historical exchange rate could drive the solvency of two banks under the minimum requirement, and in all six more
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Rules and Transparency Of Solvency II Standards To Support Reconstruction Of RCA Market - ASF Head
02.10.2016
The rules and transparency of Solvency II standards will support the reconstruction of the mandatory car insurance RCA market, which has been nonperforming for too long, Misu Negritoiu, head of more
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Gothaer Says It Took Measures To Meet Solvency II Standards
11.24.2015
Insurer Gothaer Asigurari Reasigurari, part of German group Gothaer, on Tuesday said it meets Solvency I standards and took certain measures to meet Solvency II standards, namely it hiked share more
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ASF: Three Insurers Don't Meet Solvency II Minimum Capital Requirements, Solvency Capital Requirements
11.23.2015
Romanian insurers Signal Iduna, Forte Asigurari Reasigurari and Gothaer don't meet minimum capital requirements (MCR) and solvency capital requirements (SCR) under Solvency II standards, which become more
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Romania’s Banking System Posts RON1.2B Profit In H1
08.18.2015
Romania’s banking system, which numbers 40 lenders, posted almost 1.2 billion lei (EUR271 million) profit in the first half. Solvency remained high and the non-performing loan ratio went down again, more
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ASF: Five Romanian Insurers Don't Meet Solvency II Minimum Capital Requirements
07.16.2015
Insurers Axa, Astra, EximAsig, Euroins and Carpatica don't meet minimum capital requirements under Solvency II standards, which become mandatory as of January 1, 2016, Romania's financial regulator more
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ARB: Local Banking System Will Suffer Major Loss This Year In NPL Clean-up Process
10.31.2014
Romania’s banking system will suffer a major loss this year on banks’ move to remove bad loans from their portfolios, a process that is far from having concluded as BNR wants a NPL ratio similar more
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ASF: Romanian Insurers To Apply Solvency II Directive As Of January 1, 2016
07.08.2014
Romanian insurers will apply the EU directive Solvency II, which aims to unify a single EU insurance market and enhance consumer protection, as of January 1, 2016, to increase their contribution to more
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Banking System Remains Profitable After Five Months, With Net Profit Of RON763M
07.17.2013
Production of new loans did not recover in the first five months of the year, with the ratio of non-performing loans exceeding 20% in May and no spectacular progress in terms of cutting operating 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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Banks’ Return To Losses Brings Solvency Down To 13.4%
11.08.2011
The fact that the banking sector reported losses again in the third quarter, added with the record-high 23% ratio of non-performing loans recorded in September, puts pressure on bank capitals, with more
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UNSAR: Solvency II To Entail Significant Costs For Romanian Insurers
04.28.2011
Romanian insurers will need tens of millions of euros to upgrade IT systems in order to implement the European set of directives Solvency II, Cristian Constantinescu, president of the Romanian more