Results 851 - 875 from 2661 for "bank"
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Isarescu: Gold Reserve Repatriation Entails Massive Costs
02.11.2020
Romania's central bank governor Mugur Isarescu said Tuesday repatriating the country's gold reserve would not be profitable as at it entails costs 10 to 20 times higher than the commission paid to the more
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Romania Central Bank Lowers Inflation Forecast to 3% in 2020 from 3.1%
02.11.2020
Romania's central bank sees year-end inflation at 3% in 2020 from a previous projection of 3.1%, central bank governor said Tuesday at a briefing on the February Inflation Report. more
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Central Bank Sees Annual Inflation Declining In Early Months of 2020
02.07.2020
Romania's central bank expects the annual inflation rate declining significantly in the early months of 2020 and staying in the upper half of the variation band of 1.5%-3.5% until the end of the more
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Foreign Shareholders Operated Over RON740M Capital Inflows In Financial Sector In 2019
02.06.2020
Foreign investors with operations in the financial industry in Romania contributed almost 744 milion lei (almost EUR160 million) to the capital of their subsidiaries in 2019, less than they did in more
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Italy’s Intesa And Hungary’s OTP Left In Race For Garanti Bank Romania
02.03.2020
Spain’s BBVA put for up sale Garanti Bank Romania, a top ten bank in the local system, in the second half of last year, and banking sources say the contenders left in the race are Italy’s Intesa more
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Romania Private Lending Falls 0.4% on Month in December
01.27.2020
Private lending in Romania declined 0.4% in nominal terms and by 0.8% in real terms in December 2019 compared with November, to RON267.574 billion, central bank data showed Monday. more
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Central Bank Sees Heightened Risks to Inflation in Election Year
01.08.2020
Heightened uncertainties and risks surrounding the inflation outlook stem from the fiscal and income policy stance, given the domestic election calendar, central bank governor Mugur Isarescu said more
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Romanian Central Bank Keeps Benchmark Rate on Hold at 2.5% a Year
01.08.2020
Romania's central bank on Wednesday kept its benchmark interest rate on hold at 2.5% a year. more
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Romania Private Lending Grows 0.1% on Month in November
12.27.2019
Private lending in Romania grew 0.1% (-0.1% in real terms) in November compared with October, to RON268.671 billion, central bank data showed Friday. more
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IFC Invests in Raiffeisen Bank Romania to Boost Access to Finance for SMEs and Green Housing
12.20.2019
International Finance Corporation (IFC) is providing a financing package of RON720 million ($168 million equivalent) to Raiffeisen Bank Romania to boost financing for small and medium enterprises more
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Alro Slatina Seeks Loan Of Maximum $40M From BSTDB To Refinance Investments Of 2018-2019
12.19.2019
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CBRE Advised Bank of China on Bucharest HQ Lease
12.18.2019
Real estate consultancy company CBRE has advised Bank of China on the launch of its Romanian operations by leasing 800 square meter sin the City Gate office project owned by GTC in northern Bucharest. more
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Central Bank: Firms In Romania Register Highest Debt Ratio In Europe
12.17.2019
Firms in Romania register the highest debt ratio in Europe, considering that the increase in firms’ capital over the last year (+14%) failed to entirely offset the growth in firms’ debts (+17%), more
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Central Bank Sees No Severe Risk to Romania's Financial Stability
12.17.2019
Romania's central bank sees no severe risks to the country's financial stability in this year's second report on financial stability, deputy governor Florin Georgescu said Tuesday. more
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Serban Group Of Firms Gets RON24M Financing From OTP Bank To Develop Its Current Activity
12.10.2019
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Bank of China Opens Romanian Subsidiary on Dec 16
12.05.2019
Bank of China, the fourth largest bank in the world, will officially start operations through a subsidiary in Romania on December 16, marking the anniversary of 70 years of diplomatic relations more
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Libra Internet Bank, Niro Investment Group Sign EUR24M Financing Agreement For Bucharest Hotel Project
12.02.2019
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Finance Minister Says CEC Bank Will Be Listed Via Capital Increase By End-2020
11.29.2019
State-run lender CEC Bank will be listed on the Bucharest Stock Exchange by the end of 2020, and the package of shares to be placed on the stock market will be the equivalent of at least 20% of the more
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Almost 400 Bank Branches Closed and 2,340 Employees Left by End of September 2019
11.29.2019
The restructuring of the banking system’s territorial network and number of employees continued in the first nine months of this year. The number of branches fell by 397 and the number of employees more
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Romania Plans To List At Least 20% Of CEC Bank Shares On Bucharest Stock Market, Says Minister
11.28.2019
Finance Minister Florin Citu on Wednesday told private television B1 TV that the plan is to list at least 20% of the shares of state-owned lender CEC Bank, besides the plan to list state-run energy more
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Patria Bank Lists Bond Issue on Bucharest Stock Market
11.27.2019
Patria Bank corporate bonds, issued within a private placement brokered by Tradeville on September 16-17, which drew total subscriptions of EUR8.49 million, have been admitted to trading on the more
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ING Bank Romania Net Profit Grows 13% in Jan-Sept, to RON599M
11.25.2019
Lender ING Bank Romania, the local division of Dutch group ING, on Monday said its net profit grew 13% on year in the first nine month of 2019, to RON599 million, while its revenues grew 13%, to more
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Libra Internet Bank Opens Unit In Slobozia; Reaches A Total 54 In Romania
11.25.2019
Libra Internet Bank has reached 54 units in Romania after opening a unit in Slobozia, specialized in providing lending and savings solutions for the agribusiness customers. more
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Romania Has 9 Systemically Important Banks
11.25.2019
The nine systemically important banks in Romania are Banca Transilvania, BRD-SocGen, UniCredit Bank, Raiffeisen Bank, CEC Bank, Alpha Bank Romania, Garanti Bank Romania and OTP Bank Romania. These more
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Bank Assets Reach All-Time High of RON472.9B in Jan-Sept
11.21.2019
The value of assets in the Romanian banking system reached an all-time high of RON472.9 billion in the first nine months of 2019, 6.2% higher compared with the same period in 2018 and 4.8% higher more