Results 301 - 325 from 462 for "banks"
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Interest Rates Are Declining Slowly, But Loans Are Still More Expensive Than In 2010
02.06.2012
Romania's central bank (BNR) has managed, by easing its monetary policy, to make loans cheaper in December than in previous months, but interest rates are still above the level recorded at the end of more
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Now That BNR Cut Key Rate To 5.5% When Will Loan Interests Follow Suit?
02.03.2012
The central bank has cut the key rate by 0.75 percentage points since November, to 5.5% but a number of banks like BCR, Raiffeisen, Emporiki and Garanti did the exact opposite not long ago when they more
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Foreign Banks Cut Exposure To Romania By EUR2.6B In 3Q
02.02.2012
The Austrian banks cut exposure to Romania by some EUR1.9 billion in the third quarter of 2011 compared with the mid-year level, due to pressures to reduce vulnerability to risk and consolidate their more
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Banks Granted EUR1B Mortgage Loans Last Year
02.01.2012
Loans granted by Romanian banks for home acquisitions rose by EUR1 billion last year, reaching the equivalent of EUR7.75 billion, according to data from central bank BNR. more
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Investment Funds In Fierce Competition With Banks Over Savings In 2012
01.30.2012
Raiffeisen Asset Management, with over EUR650 million in assets under management, estimates its assets will increase by several tens of million of euros this year, because of fierce competition from more
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Money Is Cheaper On Interbank Market, But When Will Loan Installments Go Down?
01.27.2012
The costs at which banks borrow from one another have fallen significantly in the past few weeks thanks to the abundant liquidity on the interbank market and clients whose interest rates are being more
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Romanians Put Aside EUR5B During Crisis
01.24.2012
Deposits at Romanian banks climbed by almost EUR10 billion in the past three years, as customers adjusted their financial behavior to the economic crisis. more
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Banks Have Several Days Left To Come Up With Offers To Comply With New Lending Rules
01.24.2012
Bankers did not rush to adjust their offers in line with the lending rules enacted by the central bank last fall and tried to make the most of the ninety-day time they had been given to draft new more
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Romanian Banks Reported RON430M Combined Loss In 2011
01.22.2012
Romanian banks reported a combined loss of about 430 million lei (EUR100 million) last year, from a negative result of RON516 million in 2010. more
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KPMG: Banking System Might See Consolidation
01.18.2012
A consolidation of the banking system might occur where the market position and investment level no longer justify the presence of a bank in Romania or if they fail to find certain niches, believes more
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Bankers Install More And More POS Terminals To Grab A Slice Of EUR40M Market
01.17.2012
Banks expanded their payment terminal (POS) networks deployed in stores last year, a market segment dominated by a small number of players, which generates EUR40 million a year in fee revenue, as more more
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Tnuva Admits Defeat In Romania, After EUR55M Investment
01.12.2012
The Romanian unit of Israeli dairy maker Tnuva, the company's only expansion outside Israel, was backed by a total investment of EUR55 million, and it leaves behind a plant, a cattle farm, eight-digit more
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ING: Romania Bank Liquidity Shortage Widened In December
01.10.2012
The liquidity gap in the Romanian banking system has widened significantly in December, with lenders borrowing on average 4.1 billion lei (EUR0.94 billion) a day from the central bank, well above more
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Banks And Insolvency Firms Bring Foreclosed Properties Valued At EUR36M Under The Hammer
01.06.2012
Bankers and insolvency firms’ agenda for the coming month includes auctions for foreclosed properties appraised at EUR36 million, reveals a ZF survey of the ads published by the top ten banks on the more
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BNR Pumps RON524M In 5-Day Repo
01.04.2012
Romania's central bank (BNR) Wednesday pumped 524 million lei (EUR121.3 million) into the market in a five-day repurchase agreement operation at an interest rate of 6% a year, equal to the monetary more
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Rumor Mill: Bankers Whose Tenures Will Be Extended In 2012
12.27.2011
2011 is ending with several announcements regarding the top management teams of the top two Romanian banks – BCR and BRD, as well as with rumors and speculations concerning prospective new moves on more
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BNR Injects RON6.7B In 8-Day Repo
12.27.2011
Romania's central bank (BNR) Tuesday pumped 6.71 billion lei (around EUR2 billion) into the market in an eight-day repurchase agreement operation at an interest rate of 6% a year, equal to the more
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Banks Promote Loans In Lei For Lack Of A Better Option
12.23.2011
Threatened with the loss of foreign funding, bankers have decided to launch more aggressive offers for loans in lei to persuade customers to borrow in local currency after the central bank (BNR) more
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KPMG: Romanian Banks To Face Challenges Beyond IFRS Adoption Date
12.22.2011
The challenges faced by Romanian banks in adopting the international accounting laws will not stop with the adoption date on January 1, because the international norms are subject to continuous more
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Banks About To Take A Day Off To Implement IFRS
12.22.2011
Romanian banks are about to start reporting according to the international standards, which will heavily test their IT systems and administrative resources. more
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IMF: Romanian Banks Not In Danger Of Collapsing
12.21.2011
Romanian banking system remains rather balanced, despite some deleveraging from parent banks, and it is highly unlikely that one of the lenders should collapse, an official of the International more
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Romania’s Banks Are Taking The Brunt Of The Crisis
12.17.2011
Bankers are having a tough time digesting the economic crisis, which is now entering its fourth year, and this is clearly shown in the results. After record profits in 2008, the peak year, of more more
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Only Half Of The EUR50B Loans Taken From Banks Are Paid On Time
12.16.2011
The relaxed lending terms in the past and the decline in the customers’ incomes during the crisis are now putting pressure on the banks’ portfolios, and bankers are seeing fewer and fewer more
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Fitch: Bank Asset Quality In Romania Remains Weak, Could Deteriorate Further
12.14.2011
Romanian bank asset quality has continued to weaken and further deterioration without strengthening of banks' capital could result in the sector outlook turning negative, Fitch Ratings said in a more
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Twenty Companies Got EUR2.5B Worth Of Loans This Year
12.14.2011
The cumulated value of the 20 largest banking loans accessed by local companies this year exceeds EUR2.5 billion after banks were much more cautious with lending in 2010, reveals an analysis made by more