Results 126 - 148 from 148 for "banking"
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Banking and Finance
08.02.2013
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Alpha Bank Romania Head: Banking System Absorbed Major Shocks During The Crisis
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
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Bancpost CEO Says Romanian Banking System ‘Robust, But Oversized’
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
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Romanians Transfer Deposits From Lei To Euros
03.28.2013
The foreign currency deposits of individuals and companies in Romania have risen by the equivalent of EUR2.3 billion in the past year, with more than a third of the amounts being transferred from more
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Romanian Bankers See Higher Profitability In 2013 - Survey
02.14.2013
Romanian banking executives expect system profitability will improve in 2013 after several years of losses, a survey from KPMG showed Thursday. more
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Major Banks Preparing For Mobile Phone Payments
01.23.2013
Several major banks are preparing to introduce “contactless” mobile phone payments to merchants in their standard offer this year after having already conducted pilot projects on using this more
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Citi To Sell Or Reduce Consumer Banking Operations In Romania
12.05.2012
Citigroup will sell or scale back its consumer banking operations in five countries, including Romania, as part of a larger repositioning strategy that aims to cut costs and boost efficiency, the more
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BCR’s Private Banking Arm Sees 2012 Trading Value At EUR430M
11.26.2012
Erste Private Banking Romania, the private banking arm of the country’s largest bank BCR, estimates full-year transactions with investment products of EUR420 to EUR430 million, up from EUR401 more
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Competition Council Says Economic Crisis Led To Banking Market Concentration
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
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Basescu: Romania To Be Part Of European Banking Union
10.19.2012
Romanian President Traian Basescu Friday said that his country will be included in the upcoming EU banking union, which aims to place euro area banks under the supervision of a single regulatory more
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Only 4% of Romanians Used Internet Banking In 2011, Way Below EU Average
10.10.2012
Only 4% of Romanians used Internet banking services last year, while in the European Union the share was 37%, Andrei Cretu, manager consulting with PwC Romania, said Wednesday. more
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Isarescu: Romania Should Join The New Banking Union
09.27.2012
The European Commission’s proposal to set up a single supervisory mechanism for the eurozone banking system represents an inevitable process and Romania should be part of the new banking union, more
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ZF Bankers Summit Conclusion: Get Used To The Crisis And Reorganize Your Business
06.22.2012
Tensions and volatility on the banking market will persist for a while longer considering the exit from the crisis will not occur yet and lenders will have to change strategies, cut costs and rely on more
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Radu Ghetea Reconfirmed As Head Of Romanian Banking Association
05.17.2012
The Romanian Banking Association confirmed president Radu Ghetea for a fifth consecutive three-year term, the association said in a statement Thursday. more
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Georgescu: Banking System Is Solid, No Need For Bridge Bank
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
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2012 Banking Year Starts With Several Uncertainties
03.22.2012
As if the uncertainty coming from foreign markets were not enough, the 2012 banking year appears to be marked by a number of doubts arising from within it and calling for an answer to be found fast more
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BCR Private Banking Assets Rise To EUR941M
02.27.2012
Romania’s largest bank by assets Banca Comerciala Romana (BCR) Monday said its private banking business rose 29% to over 2,000 customers at the end of 2011, with total assets under management worth more
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Danila, BNR: We Can No Longer Put Off Building A Strategic Bank
12.21.2011
Romania is facing a strong credit crisis, as well as prospects of banks that are part of foreign groups limiting their funding even further, so it has no excuses for postponing the construction of a more
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Moody’s: Romanian Banks Under Increasing Outside Pressure
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
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Banks’ Return To Losses Brings Solvency Down To 13.4%
11.08.2011
The fact that the banking sector reported losses again in the third quarter, added with the record-high 23% ratio of non-performing loans recorded in September, puts pressure on bank capitals, with more
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Financial Sector Generates 40% Of Integrator Romsys’ Sales
09.16.2011
Romsys, one of the largest IT&C integrators in Romania, acquired by Austrian group New Frontier Holding from businessman Marius Cojanu in 2007, expects EUR46.2 million revenue this year, up 10% on more
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Former Banca Transilvania Executive Moves To Restaurant Business
06.28.2011
Ionut Patrahau, 41, former deputy general manager and member of Banca Transilvania’s board of directors, set up a restaurant business in Cluj-Napoca. The new business required investments of around more
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GfK: Only 4% Of Romanians Use Internet Banking
06.09.2011
Romania has one of the lowest penetration rates of Internet banking services in Central and Eastern Europe, just 4%, compared to 42% in the Czech Republic, 34% in Austria or 13% in Croatia, according more