Results 251 - 275 from 472 for "banks"
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Foreign Banks Withdrew EUR1B From Local Deposits Since August 2011
11.13.2012
Non-residents, especially banking groups, had EUR7.65 billion deposited in Romanian banks on medium and long-term maturities at the end of September, down EUR841 million from December 2011. more
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Banking System Still On Loss In 3Q
11.12.2012
The 41 banks in Romania posted an overall loss in the first nine months of this year, although the results represent an improvement on the EUR192 million-loss recorded in the first half of the year. more
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Leu Loans More Expensive By The Month
11.02.2012
Consumer and mortgage loans in Romanian leu became more expensive in September for the third month in a row and interests on euro loans went down again, making harder the shift to lending in lei for more
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Creditor Banks Become Minority Shareholders In IRS Rolling Stock Plants
11.01.2012
The banks that found a German private investor for Romanian insolvent group International Railways Systems also became a shareholder, in a first for the local market. more
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Bank Deposits Stagnate At EUR43B In September
10.25.2012
The deposits of individuals and companies were almost flat in September at 194 billion lei (EUR43 billion), according to central bank data, confirming the slowing growth trend of savings. more
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Foreign Banks Cut Exposure To Romania By EUR3B In Past Year
10.24.2012
The exposure of international banking groups to the Romanian market fell by more than half a billion euros in the first half of the year mainly because of the continued decline of Greek banks' more
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Bank Deposits Increased By Nearly EUR10B Since Start Of Crisis
10.22.2012
Romanian household and corporate bank deposits were up by 42.35 billion lei (EUR9.9 billion) since the start of the economic crisis as the balance of bank deposits has increased by 27.9% since January more
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Foreign Banks Cut Exposure To Romania Debt By EUR200M In 1H
10.05.2012
The exposure of the European banks to Romanian government paper dropped by EUR190 million in the first half, because of the pressure created by the need for capital and Romanian political scene more
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Debt Collectors Eye Mortgage Loans, Can’t Reach Agreement with Banks
09.26.2012
Official debt collectors are shifting focus from consumer loans and bills to the market of troubled mortgage loans, which are a bigger business and come with a much higher recovery. They are willing more
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Banks Increased Capital By Merely EUR53 Million In H1
09.14.2012
The banking system in Romania saw EUR53 million in capital increases in the first half, 14% of the entire last year’s. more
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Banks Put Foreclosed Properties Up For Sale To Rush Loss Recovery
09.13.2012
Bankers have lost their patience with the customers falling behind with their payments and are trying to speed up recovery of the losses by putting thousands of houses and apartments foreclosed across more
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BNR Asks Banks' H1 Financial Statement Audit To Play Safe
09.06.2012
Romania’s central bank is expecting all bankers to submit their audited first-half financial statements, as the market supervisors are now watching more strictly than ever how banks set up more
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Liquidity Shortage Drives Romania Interbank Rates Over 9%
08.23.2012
Overnight interest rates on Romanian leu-denominated deposits rose to 9.25% in the interbank market Thursday, from 4.8% a day earlier, amid liquidity shortage. more
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Hidroelectrica's Relations With Banks Seen Improving
08.13.2012
The banks are winning hundreds of million euros from financing state-owned hydropower producer Hidroelectrica and any attack against the company is seen as an attack against the Romanian state, said more
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Romanian Banks Report RON192M Combined Loss In 1H As Provisions Rise
08.07.2012
Romanian banks reported a combined net loss of 192 million lei (EUR43 million) in the first six months, hurt by rising provisions in the second quarter, central bank data showed Tuesday. more
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Wave Of Foreign Capital Outflows Hits Romania: Over EUR2B Gone In May
07.16.2012
Over EUR2 billion left Romania in May, in a major wave of foreign capital withdrawals from the local market, which promptly reflected in a depreciation of the leu by 1.5% against the euro. more
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International Turmoil And Shortage of Cash Keep Retail Lending Frozen
07.04.2012
Romanians did not rush to borrow money from banks in the first half of the year despite promotional offers. Those who will seek to a get a loan soon might pay high interests and find it more difficult more
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BNR Turns Into Surrogate Parent For Foreign-Held Romanian Banks
06.28.2012
For the first time ever, Romania’s central bank (BNR) says financing of foreign-held banks by their parent banks is uncertain and therefore finds it has to lend them money itself. more
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Hidroelectrica Will Pay Loan Instalments - Legal Administrator
06.25.2012
Romanian hydropower producer Hidroelectrica can pay its debts towards the banks, although the state-owned company has started insolvency proceedings, the company's legal administrator told MEDIAFAX. more
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Hidroelectrica Insolvency Case Reaches BNR
06.25.2012
Hidroelectrica’s creditors and its court-appointed administrator are due to discuss the impact of the shocking insolvency of Romania’s most valuable state-run company at the central bank’s more
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Casal, McKinsey: Romania Would Be Better Off With Its Own Banking Model
06.21.2012
A banking model promoting services adapted to the local market will suit Romania better than other models which proved efficient elsewhere, Christian Casal, banking specialist at McKinsey said more
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Bankers At ZF Summit: We’ll Wait For Economy To Rebound First Before Granting Loans Again
06.21.2012
Bankers in Romania say that even though they have funds, they will wait for the economy and lending demand to rebound first before promoting loan sales more aggressively. more
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Bogza, Bancpost: 2011 Economic Growth Unable To Help Local Banks
06.20.2012
The growth of Romania’s economy last year was unable to help the local banking system, Bancpost president Mihai Bogza said Wednesday at the ZF Bankers Summit12. more
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Ghetea: Profitable Lenders In Romania Won’t Leave Market, Greek Banks Included
06.20.2012
Foreign banks in Romania that are well positioned on the market and gained good profits, including Greek lenders, will not leave the country, CEC Bank president Radu Ghetea said Wednesday at the ZF more
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Greek Banks Manage To Draw In New Deposits Of EUR37M In 1Q
06.04.2012
The calming of tensions over the Greek debt crisis in the first quarter of the year allowed Greek banks to retain their stocks of deposits. more