Results 901 - 925 from 2790 for "bank"
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Libra Bank Profit Halves in 1H, to RON25.7M
08.13.2020
Lender Libra Bank, a member of US investment group New Century Holdings, recorded a net profit of RON25.7 million in the first half of 2020, compared with a profit of RON51 million in the sale period more
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Raiffeisen Bank Profit Falls 27% in 1H, to RON280M
08.11.2020
Lender Raiffeisen Bank said Tuesday it recorded a net profit of RON280 million in the first half of 2020, down 27% compared with the same period in 2019, impacted by the COVID-19 pandemic. more
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Alpha Bank Set To Integrate Financial Investment Operations Of Brokerage Division Alpha Finance Romania
08.07.2020
Alpha Bank Romania, part of Greek Alpha Bank Group, is set to integrate the financial investment operations provided by Alpha Finance Romania, a brokerage company on the capital market, Periklis more
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Three-Month Money Market Rate Drops To 2.05% After Key Rate Cut
08.06.2020
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, fell to 2.05% a year Thursday, from 2.15% a year Wednesday, after more
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Romanian Central Bank Lowers 2020 Inflation Forecast Slightly to 2.7%
08.06.2020
Romania's central bank lowered its inflation forecast slightly to 2.7% for the end of 2020 from a previous projection 2.8%, while keeping the 2021 projection at 2.5%, according to the August Inflation more
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Romanian Central Bank Cuts Key Rate to 1.5%
08.05.2020
Romania's central bank on Wednesday decided to lower its benchmark interest rate by 25 basis points to 1.5% a year from 1.75% starting August 6. The bank also lowered its lending and deposit more
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Raiffeisen Bank Finances 112 Local Startups with EUR4 M
08.03.2020
Raiffeisen Bank has completed the third edition of a program in which it funds local startups regardless of field of activity and has accepted 112 businesses for financing with a maximum budget of more
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Patria Bank Cuts 2020 Profit Forecast To RON6.6M, 3.5-Fold Lower Than Initially Projected
07.24.2020
Lender Patria Bank (PBK.RO) has revised down its financial performance indicators for 2020 in the context of the coronavirus crisis, expecting a profit of RON6.6 million in 2020, compared with RON23.1 more
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Tsvetanka Mintcheva Starts Term As Deputy CEO, Executive Board Member Of UniCredit Bank Romania
07.23.2020
Tsvetanka Mintcheva started her term as Deputy CEO and Executive Board member at UniCredit Bank Romania, after being appointed to the position by the bank’s Supervisory Board and receiving a prior more
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Libra Internet Bank Bonds Cleared to Trade on Bucharest Stock Market
07.22.2020
Lender Libra Internet Bank has received financial watchdog approval for its bonds to be admitted to trading on the Bucharest Stock Exchange, the financial supervision authority said Wednesday. more
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CEC Bank Announces EUR2.6M Investments In ATM, MFM Infrastructure Upgrades
07.21.2020
Romanian state-owned lender CEC Bank, which has the most extended network in Romania, has announced the start of a multiannual program aimed at upgrading its automated teller machine (ATM) and more
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OTP Bank Romania Opens New Branch, In Pipera
07.20.2020
OTP Bank Romania, the subsidiary of the largest banking group in Hungary, has announced the opening of a new a new cashless territorial unit, in Bucharest’s Pipera area, per data provided by the more
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Central Bank, Financial Watchdog May Request Listed Banks To Put Off Dividend Distribution or Share Buyback Until Jan 1, 2021
07.20.2020
Romania’s National Committee for Macroprudential Oversight (CNSM) recommends the country’s central bank BNR and the Financial Supervisory Authority (ASF) to request financial institutions under more
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Central Bank Governor: Developments In Public Health Continue To Generate Unprecedented Uncertainty And Major Risks
07.16.2020
Developments in public health continue to generate unprecedented uncertainty and major risks to the outlook for economic activity and to financial market functioning, with an impact on macroeconomic more
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Valerie Marcelle Villafranca Gets Romania Central Bank Approval To Join BRD Board Of Directors
07.09.2020
Romania’s central bank has approved the nomination of Valerie Marcelle Paule Villafranca as Member of the Board of Directors of BRD-SocGen. more
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ING Bank Enters Online Fashion Commerce With Marketplace Platform DealWise
07.08.2020
ING Bank, the fourth largest lender in Romania by assets, has entered the online fashion commerce, by launching online shopping platform DealWise. more
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World Bank Promotes Romania to High Income Group
07.03.2020
The World Bank has reclassified Romania as a high-income country from the upper-middle income category after incorporating 2019 data. more
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Raiffeisen Bank Approves 1,000 Loans Worth RON500M Via IMM Invest Romania Program
07.02.2020
Raiffeisen Bank has approved 1,000 loans through the IMM Invest government program, in the amount of RON500 million. more
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Mediclim Gets EUR1M Loan From ING Bank To Equip, Commission Seven COVID-19 Testing Laboratories
07.01.2020
ING Bank Romania has granted a loan of EUR1 million to laboratory equipment and reactors distributor Mediclim to enable the latter to equip and put into operation seven molecular biology laboratories more
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ING Bank Romania Cuts Mortgage Loan Interest Rate For Customers Opting For Downpayment Of At Least 25%
06.30.2020
ING Bank Romania is launching an offer for mortgage loans for customers opting for a downpayment of at least 25%, offering them a 0.5% interest rate cut. more
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Central Bank Sees Mounting Systemic Risks to Romania's Financial Stability
06.30.2020
Two severe risks to Romania's financial stability are a rise in global uncertainty and fast deterioration of investor sentiment towards emerging economies and the worsening of domestic macroeconomic more
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Romania's Central Bank Posts RON1.8B Profit in 2019, Up 52% on Year
06.26.2020
Romania's central bank had a profit of nearly RON1.8 billion in 2019, 52% higher compared with 2018, mainly due to higher total revenues, the bank said in its annual report released Friday. more
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Central Bank Survey: Banks Envisage Harsher Lending Conditions For Firms, Households In Q2/2020
06.25.2020
In a survey conducted by Romania's central bank in April 2020, banks estimated the lending standards and the terms of loan contracts for companies will be more restrictive in the second quarter of more
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Central Bank To Pursue Sustainable Trend of Gradual Decline in Interest Rates
06.18.2020
The main risks for Romania’s economy and finance are related to public health developments and the central bank will continue to steer measures towards providing necessary liquidity while more
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ING Bank Becomes Romania's Fifth Largest Lender by Assets
06.15.2020
ING Bank Romania, the local branch of Dutch group ING, became the fifth largest lender by assets in 2019, overtaking Raiffeisen Bank, which dropped to the sixth spot. more