Results 376 - 400 from 462 for "banks"
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Euro-Denominated Bonds Accepted By BNR In Repo Operations
10.03.2011
Lenders can now get cash from the Romanian central bank (BNR) in exchange for their portfolios of euro-denominated bonds, issued by the Finance Ministry on foreign markets, in repurchase agreement more
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Romania Will Need Plan B If Greece Exits Euro Zone
09.29.2011
Finance ministries and central banks also work with scenarios that consider the exit of Greece from the euro zone and Romania should have a plan B for a prospective bankruptcy of Greece, in which case more
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Dramatic Fall For Consumer Loans: 1.3 Million Contracts Erased In Crisis
09.28.2011
Nearly 1.3 million consumer loans were removed from banks’ balance sheets without being replaced by new ones since the end of 2008, when the crisis crept in and until August this year, according to more
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Bankers See August Loan Sales Down Four-Fold
09.26.2011
Banks had a harder time finding clients to whom to lend money in the last summer month, so that the volume of loans to individuals and companies rose by just EUR140 million in August, four times less more
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Lending Freeze Turns Romanians Into Net Creditors Of Banks
09.21.2011
The slow pace of lending and a higher interest in saving money turned Romanians into net creditors of banks, a position they have kept since last December. The gap between deposits and debts to the more
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BNR: Romanian Bank Payment Refusals Rise To RON581M In August
09.20.2011
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 581.3 million lei (EUR135.7 million) in August, up 38.6% on the month, central bank data showed Tuesday. more
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BNR Board Member: Many Non-Performing Loans Could Be Revived If Banks Really Wanted To
09.16.2011
Foreign banks are suffocating companies and the government no longer has a powerful bank it can use to compensate business directions dictated by factors from abroad, says Nicolae Danila, former chief more
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Will Bankers Cut Leu Loan Costs To Counter Restrictions On Forex Loans?
09.09.2011
For a loan of EUR40,000 or the equivalent in lei, the difference between the monthly installment on a leu-denominated and a euro-denominated loan is of around EUR85. In 30 years, clients pay an more
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Rosia Montana Gold Corporation To Borrow $700M For Mining Project In Romania
09.08.2011
Rosia Montana Gold Corporation (RMGC), the company developing a gold mining project in Rosia Montana, western Romania, will borrow $700 million from an international bank consortium led by Royal Bank more
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BRD: Romanian Banks Lag Behind Regional Peers
09.08.2011
Romanian banking system lags behind the ones in the Central European region, largely due to its faulty financial intermediation services, particularly in rural areas, a top executive of lender BRD more
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Overdue Bank Loans Of Individuals And Companies Reach EUR4.4B
09.06.2011
Overdue payments on individual and corporate loans continued to rise and reached RON18.5 billion (EUR4.4 billion) in July, accounting for 7.4% of overall amounts due, according to data of the National more
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In-Bank TV Screens To Display Information Under New Regulation
09.02.2011
Romanian banks will be required to display information on consumer rights and obligations, financial explanations as well as data provided by the National Consumer Protection Authority (ANPC), on TV more
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Most Profitable Ten Banks On The Market Post RON380m Income In H1
08.29.2011
The banking system is still suffering after almost three years of crisis and the financial results released in mid this year show that the good times of 2005-2008, when profits had gone even as high more
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Lending Picks Up: EUR3B In New Loans In Four Months
08.25.2011
After two years of decline, private lending has been on the rise for the last four months, with companies borrowing most new money. more
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Banks Ask Clients For Even Two Days' Notice To Withdraw Over EUR5,000
08.24.2011
Clients who want to withdraw more than EUR5,000 from their current accounts need to notify the bank at least one day ahead and in some cases they even need to go to the bank to file a written more
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BNR: Bank Payment Refusals Fall To RON420M In July
08.23.2011
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 420.3 million lei (EUR98.6 million) in July, down 16% on the month, central bank data showed. more
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Banks Paid 50% Less In Profit Tax In First Half
08.23.2011
The Romanian government collected profit tax of EUR1.2 billion from companies in the first half of the year, 4% more than in the similar period of 2010, while amounts paid by banks halved. more
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Banks' Adjustment To Crisis: 450 Units Closed And 5,000 People Left Since 2008
08.19.2011
The banking system continues to slowly adapt its territorial network to the weak loan demand, particularly on the retail segment, so that 32 units were shut down in the second quarter, with 6,105 more
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Top Ten Romanian Banks After 1H
08.18.2011
The banking system is still digesting the fallout of the crisis almost three years after it started and the largest ten banks, which control almost 80% of the overall banking assets, are seeing their more
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Romanian Government Replaces Banks As Short-Term External Debt Driver
08.16.2011
The Romanian government doubled its short-term external debt in the first half of the year to over EUR3 billion, triple compared to last summer, while banks’ indebtedness rose by just EUR360 million more
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SocGen, UniCredit And CaixaBank Provide EUR50M Loan For Romanian Wind Farms
08.04.2011
French bank Societe Generale, alongside Italy’s UniCredit and Spanish CaixaBank will provide a syndicated loan worth EUR50 million to co-finance the construction of two wind farms in Romania, the more
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One Third Of Romanians Have No Confidence In Banks
08.04.2011
After around 10 years during which one could speak about retail banking in Romania, the banking industry, populated by dozens of lending institutions, is finding out the market has not gone too far: more
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Analysts Say Listed Banks Are Showing Signs Of Recovery
08.03.2011
Analysts say there are signs of recovery in the results of listed banks, but have mixed opinions as to the growth potential of their shares, with some deeming them quite expensive. more
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Bankers Raise Leu Consumer Loan Rates Again
08.03.2011
Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The explanation: more
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Basescu: Domestic Banking Sector Is Well-Capitalized
07.31.2011
Romanian President Traian Basescu said Sunday, after the meeting with the IMF, European Commission and World Bank delegation, that the domestic banking sector is well-capitalized, but attention must more