12.06.2016

Only 20% of Romanians trust banks, compared with approximately 55% of Albanians and 35% of Czechs, as per a new report of the World Bank released on Tuesday. more

11.23.2016

Banks in Romania posted 3.65 billion lei (about EUR810 million) net profit in January-September, 1.7 times higher than in the year-ago period. Their assets reached RONB378 billion in September, more

06.12.2015

The banking system posted 800 million lei (EUR179 million) profit in the first quarter and remained profitable in April, as well, Nicolae Cinteza, head of the Supervision Department of Romania’s more

06.08.2015

The bank-client relation is the weakest point in the Romanian and regional banking systems, thus, this should be fixed as soon as possible for the local economy to benefit from lending opportunities, more

06.08.2015

The lack of predictability is the main flaw of the Romanian banking system, Sergiu Oprescu, Alpha Bank CEO and president of Romanian Banking Association (ARB), told ZF Bankers Summit’15. more

05.05.2015

The local banking system could return to profit this year, with a return on equity estimated at 2.7% this year and 3.9% in 2016, as risk costs and non-performing loan rates will be lowered to 2.8% in more

03.31.2015

Romania’s banking system has enough liquidity but unevenly distributed, so that some lenders cannot access it and prefer to borrow from the central bank at weekly repo auctions, central bank more

02.11.2015

Banks in Romania registered a cumulated loss of RON8 billion during four of the last six years, as well as profit of RON0.9 billion and a net loss of RON7.1 billion during a two-year period, which more

10.31.2014

Romania’s banking system will suffer a major loss this year on banks’ move to remove bad loans from their portfolios, a process that is far from having concluded as BNR wants a NPL ratio similar more

09.30.2014

The European Bank for Reconstruction and Development (EBRD), the international financial institution with EUR6.8 billion worth of investments in Romania, is still interested in supporting the more

09.26.2014

Banks in Romania need to complete balance sheet cleanup and focus on resuming lending, to the end of generating new sources of profitability and sustainable growth. more

09.08.2014

Romania’s banking system posted an aggregated profit of 209 million lei (EUR47.5 million) in the first half, much lower than RON1.15 billion in the same period a year ago, as banks continued more

06.05.2014

Romanian banks have left the crisis behind, but moves to reduce paperwork and streamline operations with a view of slashing costs and luring new clients are still scarce and unevenly applied. more

06.04.2014

The banking system’s profitability figures were deeply corrected downwards from the initial amount reported by the Romanian central bank in the wake of moves by some auditors to revise the figures more

04.24.2014

The local unit of Israeli group Bank Leumi generated in 2013 net profit of just 2.1 million lei (EUR0.47 million), six times below the 2012 level, and significantly lower than the forecast. more

03.06.2014

The banking market is coping with declines, and even the largest players are unable to find ways to grow. However, not less than 20 banks are still operating with market shares of below 1%. Some more

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

01.21.2014

Romania’s banking system probably ended 2013 in the black after having posted cumulated net profit of 1.73 billion lei (EUR381 million) in January-November compared with a RON2.3 billion loss in more

12.05.2013

The Romanian banking system will likely turn to profit in 2013, despite a substantial rise in loan-loss provisioning estimated during the last two months of the year, a central bank official said more

08.13.2013

The banking sector ended the first six months of this year in the black, with the overall net profit amounting to 1.15 billion lei, according to data from central bank BNR. This comes after a loss of more

06.13.2013

The Romanian banking system is overpopulated, but it has managed to successfully absorb major shocks during the economic crisis, Alpha Bank president Sergiu Oprescu said Thursday. more

06.12.2013

Romania has a strong and stable banking system, but it is rather oversized compared with the number of the active population, said Anthony Hassiotis, chief executive of Bancpost and of the local more

11.01.2012

The level of concentration in the banking market has increased since the beginning of the economic crisis, mainly because certain competitors disappeared from the market, according to a report of more

05.16.2012

Romania has a solid, well-capitalized banking system and it is unlikely that the central bank will have to use its recently introduced bridge bank any time soon, despite the deteriorating situation in more

12.12.2011

Moody’s Investors Service Monday warned Romanian banking system could come under increasing pressure due to the escalation of the European banking and sovereign debt crisis. more