Results 151 - 175 from 462 for "banks"
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Deposits Guaranteed By Bank Deposit Guarantee Fund Reached RON159.2B End-March
04.14.2014
The total value of bank deposits guaranteed by the Bank Deposit Guarantee Fund (FGDB) stood at 159.2 billion lei (EUR35.6 billion) at the end of March 2014, which translates into a 1.4% quarterly more
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Banks Head Toward 500,000 Contactless Cards
04.11.2014
The six domestic banks that issue contactless cards have reached a portfolio of around 440,000 such cards and an acceptance network of around 5,500 contactless POS terminals. more
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Garanti Bank: Companies Must Carry Out Investment Projects To Become Profitable
04.09.2014
Companies ought to carry out investment projects that attract foreign or local capital and become profitable to be able to contract bank loans, said Rozalia Pal, chief economist with Garanti Bank more
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Romanian Lenders See Improvement In Liquidated Asset Sales
03.27.2014
Banks see improvement in asset liquidation sales and support company restructuring outside of insolvency procedures, which they consider simpler and less costly than insolvency. more
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Bankers In Romania Expect Bond Market Revival
03.24.2014
The market is flush with cash and its price has never been so low. Thus, the Romanian market is not having a cash issue now, but it’s coping with a loan demand shortage. On the other hand, bonds more
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Two Banks To Administer Lending Fund For Small Farmers In Romania
03.19.2014
Romania’s Agriculture Ministry will set up a lending fund for small farmers and the money will be administered by two banks, Agriculture Minster Daniel Constantin told a press conference Wednesday. more
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Checkups With Credit Bureau, Up 80% In First 2 Months Of 2014
03.12.2014
The Credit Bureau released, at bankers’ request, 1.9 million reports about the situation of existent and potential clients in January and February, up 80% year-on-year. Almost half of these were more
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Parent Banks Took Out EUR7B From Romania In 2 Years
03.05.2014
Parent banks last year withdrew 70% of funding with maturity of less than one year granted to domestic subsidiaries, namely EUR3.3 billion, marking a speeding up of the deleveraging process. more
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Government To Limit Inter-Bank Fees For Card Payments
01.28.2014
Romanian government will restrict inter-bank fees that the card issuer charges from the bank whose terminals are used for payments to retailers, to 0.2% for debit cards and 0.3% for credit cards. more
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Romanian Banks Swing To RON497M Aggregate Profit In 2013
01.23.2014
Romanian commercial banks reported an aggregate net profit of 497 million lei (EUR109.7 million) in 2013, versus losses a year-earlier, as more than half of the active lenders ended the fiscal year in more
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Deposits Rose At Faster Clip In Late 2013
01.20.2014
Corporations and households in Romania held leu-denominated deposits worth 169 billion lei (EUR37 billion) at the end of last year, up by RON14 billion against September 2013, according to data more
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Long-term Deposits Go Beyond RON10B Mark
01.16.2014
Long-term deposits have come to account for 10% in households’ total time deposits after bankers promoted these products more aggressively during crisis years. more
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Crisis Wipes Out EUR80B From Romania’s Largest Market
01.13.2014
The volume of foreign currency transactions on the Romanian market slid by 7% last year, to EUR388 billion, amid reduced foreign investments and weak appetite for leu-denominated assets. more
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Manda, Axxess Capital: Nextebank To Focus On Niche Segments
01.12.2014
Nextebank will focus on niche services--namely on very small and small companies, as well as on individuals, with lending not including long-term products in the latter case--according to Horia Manda, more
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Cheaper Loans In Lei And Transactions Involving Small Banks Expected In 2014
01.06.2014
The visible decline of leu interest rates should revive the demand for loans, but the major obstacle to the market rebound remains the absorption of the huge volume of non-performing loans. more
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Banks And Insurers Get Capital Injections Of Half A Billion Euros In 2013
12.19.2013
The shareholders of banks, insurers and leasing companies this year injected EUR500 million into the capital of Romanian subsidiaries. more
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Fitch Sees Gloomy Outlook For Romanian Banks In 2014
12.18.2013
Bank asset quality in Romania will likely worsen further in the first half of 2014 as additional impairment provisions are expected to put pressure on regulatory capital, according to Fitch estimates. more
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Six Banks With No Offices In Romania Hold EUR450M In Romanian Government Bonds
12.18.2013
Six European banks with no subsidiaries in Romania have an exposure of EUR450 million to the Eastern European country, according to data published by the European Banking Authority. more
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Banks Reviewed 5 Million Loan Applications In January-September
12.16.2013
The Credit Bureau, which collects information on consumer loans, has issued 7.8 million reports in January-September as requested by banks looking for information about their current and potential more
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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
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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
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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
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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
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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
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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