Results 126 - 150 from 183 for "credit"
-
CITR: Personal Insolvency Not A Sustainable Fix For Swiss Franc Credit Crisis
01.21.2015
The problems caused by the appreciation of the Swiss franc can only be partly solved by personal bankruptcy procedures, as such procedures only apply to insolvent individuals and would make things more
-
Credit Cards Trigger RON530M Worth Of NPLs
10.17.2014
Banks have 530 million lei (EUR120 million) worth of non-performing credit card loans in their portfolios, many of which sold as an option to consumer loans, reveals the annual financial stability more
-
Credit Europe Halves Loss In Romania
09.16.2014
Credit Europe, the local subsidiary of the financial group controlled by Turkish billionaire Husnu Ozyegin, ended the first half of this year with a net loss of EUR6.1 million (the equivalent of RON27 more
-
Retail Loan Demand, Up 18% In First Five Months In Romania
06.27.2014
The Credit Bureau, the institution that collects data on household loans, released five million reports at banks’ request for information on the situation of existent and potential clients in more
-
Agricover Credit To Borrow RON30M From Oikocredit International
06.05.2014
Agricover Credit IFN, the financing division of Agricover group, will take out a loan of 30 million lei (EUR6.8 million) from Oikocredit International based in The Netherlands. more
-
Three Banks Prepare RON760M Bond Issues
04.24.2014
Three local banks, Raiffeisen, Pro Credit and Garanti, are preparing 760 million lei (EUR170 million) bond issues to be listed on the Bucharest Stock Exchange. more
-
Credit Agricole May Have Run Out Of Patience With Romania Losses
04.22.2014
Credit Agricole, the Romanian subsidiary of one of the strongest French banking groups, reported net loss of 28.2 million lei (EUR6.3 million) for 2013 after having posted a negative result of RON27.3 more
-
Hidroelectrica Terminates Credit Line With Alpha Bank
04.02.2014
Romania’s insolvent hydropower producer Hidroelectrica terminated a credit line worth 80 million lei (EUR17.93 million) granted by Alpha Bank in 2009, falling due on March 31, 2014. more
-
SMEs In Romania Recover Below 2% Of Money Owed By Insolvent Clients
03.25.2014
Small and medium-sized enterprises (SMEs) in Romania recover below 2% of the money owed by their insolvent clients and it can take more than two years to recover the money, according to credit more
-
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
-
Agricover Credit IFN Loans Up 55% In 2013, Profit Up 8%, To EUR2.7M
02.26.2014
Agricover Credit IFN, the financing division of Agricover group, granted loans of RON642 million (EUR145.28 million) last year, up 55% from 2012, and posted a net profit of RON12.07 million (EUR2.73 more
-
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
-
Posta Romana Borrows RON100M From EximBank To Cover Cash Collection Debts
12.06.2013
Romania’s state-run lender EximBank will grant a credit line of 100 million lei (EUR22.4 million) to postal operator Posta Romana, which will use the money to cover a part of its debts from cash more
-
Olteanu, BNR: Average Household Financing Costs Fell Below 10% In October
11.29.2013
The average cost of credit in Romania has dropped below 10% for households and below 8% for corporate customers over the past month, central bank deputy governor Bogdan Olteanu said Friday. more
-
China Looking To Spend Up To $10B On Infrastructure, Energy Projects In CEE
11.26.2013
China is ready to explore with European Union countries various ways to use a special $10 billion financing line to support infrastructure and energy projects in central and eastern Europe, Chinese more
-
Average Wealth Per Capita Up 9.7% On Year In Romania, To $11,191 – Report
10.09.2013
The average wealth per capita in Romania increased 9.7% in the first half of the year compared to the same period in 2012, to $11,191, much lower than the $17,570 level it reached before the crisis, more
-
Romanians Spend Half The Money On Their Cards To Buy Food, Drinks And Cigarettes
09.19.2013
Card holders spent 11 billion lei (equivalent to EUR2.5 billion) on food, beverages and tobacco, half the overall amount spent by Romanians using cards. more
-
Yakup Cil Named CEO Of Credit Europe Bank Romania
09.16.2013
Credit Europe Bank Romania, a unit of Dutch-registered Credit Europe Bank, has appointed Yakup Cil as chief executive and chairman of the board, the lender said in a statement Monday. more
-
Credit Europe Bank Romania To Increase Share Capital By EUR20M
09.08.2013
Credite Europe Bank Romania will increase its share capital by 88 million lei (EUR20 million) to RON763 million from RON675 million. more
-
Managing Director Says Axxess Capital Could Buy A Bank
08.06.2013
Horia Manda, managing director of Axxess Capital, a company which manages the Romanian-American Enterprise Fund (RAEF), Balkan Accession Fund (BAF) and Emerging Europe Accession Fund, says the company more
-
Agricover Credit Granted Loans Worth RON253M In 1H
07.30.2013
Romanian Agricover Credit IFN, part of agribusiness group Agricover, said Tuesday it granted loans worth 253.2 million lei (EUR57.6 million) in the first half of 2013, up 87% on the year. more
-
Moody's Cuts Ratings Of BCR And BRD
07.18.2013
Moody's Investors Service on Wednesday downgraded the deposit ratings of the two largest banks in Romania, Banca Comerciala Romana and BRD-Groupe Societe Generale (BRD.RO), following the lowering of more
-
CEC Bank Interested in Buying Corporate Loan Portfolios
06.12.2013
Romanian state-owned lender CEC Bank is interested in taking over credit portfolios sold by other institutions as the market share is important for a bank. more
-
Credit Europe Bank Names Interim CEO Following Tetik’s Appointment At Banca Transilvania
05.15.2013
Credit Europe Bank Romania has appointed its chief control officer Mirela Bordea as interim CEO after Omer Tetik left the bank to take on the CEO position at Banca Transilvania (TLV.RO), the bank said more
-
Agricover Credit IFN Borrows RON70M From Eximbank To Grant Farm Loans
04.23.2013
Romanian state-run lender EximBank and local agribusiness group Agricover have concluded a financing agreement whereby the bank will grant a loan worth 70 million lei (over EUR15.5 million) to more