Results 951 - 975 from 2613 for "bank"
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Macro-Prudential Supervision Committee Says It Found Potential Solutions to Amend Tax Decree
02.18.2019
Romania's national committee for macro-prudential supervision announced Monday it has identified solutions and possible scenarios to amend a controversial government decree introducing new taxes on more
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Central Bank Says Disconnecting Bank Tax from Money Market Rates Is Crucial
02.15.2019
Board members of Romania's central bank said it is essential that the country's new tax on banks' financial assets is disconnected from benchmark rates on the interbank money market rates such as the more
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Finance Ministry Official Says Bank Tax on Assets is Quarterly
02.14.2019
Romania's tax on banks' financial assets is to be levied quarterly on the quarterly assets balance, an official at the Ministry of Finance said Thursday. more
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Romania’s Banking System Profit Hits Record High of Over RON7B in 2018
02.13.2019
The lending rebound, the rise in interests and the improvement of portfolio quality helped Romania’s banking system post an outstanding profit last year, more than 7 billion lei (EUR1.5 billion), more
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Isarescu Says Bank Tax Is an Attack on Central Bank Independence
02.12.2019
Romanian central bank governor Mugur Isarescu said the tax on bank assets is an attack on the independence of the institution, as it hinders monetary policy. more
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Isarescu: Numbers Don’t Show Romania’s Banking System Is The Most Profitable
02.11.2019
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Romanian Central Bank Raises 2019 Inflation Forecast to 3% from 2.9%
02.11.2019
Romania's central bank has raised its year-end inflation forecast for 2019 to 3% from a previous forecast of 2.9%, central bank governor Mugur Isarescu said Monday. more
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Investors in Bank Stocks Gain 20% in Bucharest Stock Exchange’s Best Week Since 2010
02.11.2019
Banca Transilvania, and BRD, the most traded stocks on the Bucharest Stock Exchange, gained up to 20% last week, as more and more investors expect the tax on bank assets to be dropped. more
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Romanian Central Bank Admits Intervention to Curb Currency Fall
02.07.2019
Romania's central bank intervened in the second half of January to curb the rapid depreciation of the Romanian leu to the euro, central bank governor Mugur Isarescu said Thursday. more
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Romania Central Bank Sees Inflation Declining in Next Three Quarters
02.07.2019
Romania's central bank expects annual inflation to decline further during the next three quarters to values even slightly below the ones previously anticipated before climbing and remaining slightly more
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Romanian Central Bank Keeps Key Rate Unchanged at 2.5% a Year
02.07.2019
Romania's central bank on Thursday kept its benchmark interest rate on hold at 2.5% at its second monetary policy meeting this year, the bank said in a statement. more
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Banks in Romania Paid RON1.2B Tax on Profits in 2018
02.07.2019
The tax on profits commercial banks paid and the transfers from the net revenue of Romania’s central bank reached 1.84 billion lei (EUR388 million) in 2018, up about 80.8% over 2017, the 2019 budget more
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Patria Bank Sells Batch Of RON502M Worth Of NPLs In Two Tranches To Kruk
02.04.2019
Lender Patria Bank, held by investment fund Axxess Capital, sold a batch of non-performing loans (NPLs) worth a total RON502 million to companies within Polish debt collection group Kruk. more
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Romania Forex Reserves Drop to EUR31.922B in January
02.01.2019
Romania's foreign exchange reserves fell to EUR31.922 billion at the end of January from EUR33.065 billion at the end of 2018, central bank data showed Friday. more
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Romania Seeks to Raise CEC Bank Capital By RON940M
02.01.2019
Romania's finance ministry plans to raise the share capital of state-owned CEC Bank by RON940 million, according to the 2019 state budget draft released late Thursday. more
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Garanti Bank, IFC Sign EUR55M Loan Agreement to Support SMEs, Energy Efficiency in Romania
01.29.2019
Lender Garanti Bank on Tuesday signed a loan agreement for EUR55 million with International Finance Corporation (IFC), a member of the World Bank Group, for the funding of small and medium sized more
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Unicredit Bank: Romania May Have Trouble Keeping Budget Deficit Under 3% Of GDP In 2019-2020
01.28.2019
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Patria Bank Sells NPLs Totaling RON331.5M to Kruk Romania
01.25.2019
Lender Patria Bank has sold a batch of non-performing loans totaling RON331.5 million to debt collector Kruk Romania, the bank said in a statement Friday. more
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Romania Private Lending Grows 0.1% on Month in December 2018
01.25.2019
Private lending in Romania grew a marginal 0.1% (declined 0.02% in real terms) in December 2018 compared with November, to RON251.05 billion, central bank data showed Friday. more
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Major Banks Warn Government New Bank Asset Tax Will Trigger Economic Crisis in Romania
01.21.2019
In an unprecedented move, the banks in Romania through their leaders warned the government that Ordinance 114 introducing the bank tax will generate economic crisis in Romania and cause a decline in more
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Finance Ministry Prepares to Deal New Blow to Banks: Non-Tax-Deductible Provisions
01.16.2019
The Finance Ministry has a new measure in store that will impact the banking system: provisions will no longer be tax-deductible unless there is a loan or financial-asset loss. more
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Quarterly Bank Taxation Fears Cause EUR1B Capitalization Drop on Bucharest Stock Exchange
01.15.2019
Companies listed on the Bucharest Stock Exchange lost 4.3 billion lei (almost EUR1 billion) of their capitalization, which dropped to RON139 billion on Monday, as the plummeting banking stocks pushed more
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Romania's Bank Tax Could Lower Interests on Deposits
01.09.2019
The so-called “greed tax” on bank assets will not necessarily affect lending so much as it might prompt bank to cut costs by lowering interest rates on deposits, which are already below the more
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World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020
01.09.2019
The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June 2018 projection. more
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EIB Grants EUR22.3M Loan To Garanti Bank Romania To Support Local SMEs
01.09.2019