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Results 401 - 425 from 472 for "banks"

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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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • One Fifth Of Loans In Bistrita And Galati Are Overdue

    07.27.2011

    Almost one fifth of loans taken out by individuals and by companies in counties such as Bistrita, Galati and Ialomita are overdue, double the national average. more

  • Bank Payment Refusals Fall To RON501M In June

    07.25.2011

    Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 500.9 million lei (EUR117.7 million) in June, down 0.5% on the month, central bank data showed Monday. more

  • Fitch: Romanian NPLs Poised To Peak By Year-End

    07.22.2011

    Romanian non-performing loans are likely to peak to around 14% to 16% of total loans by year-end, from 13% of total in April, a report from Fitch Ratings showed Thursday. more

  • Popp, Impact: Had Banks Been Willing To Lend, They Would Have Eased Up Terms

    07.22.2011

    Dan Ioan Popp, founder and main shareholder in real estate developer Impact Bucuresti (IMP.RO), said apartment sales are stalling and the market has not thawed up yet, with the reasons for this being more

  • BNR: Banking System Net Profit Falls To RON95M In Q2

    07.19.2011

    Romanian banks reported combined net profit of 95.4 million lei (EUR22.4 million) in the second quarter, down from RON313 million a quarter earlier, central bank data showed Tuesday. more

  • Swiss Franc Might Climb To RON3.9

    07.15.2011

    Those who now regret that they took out a loan in Swiss francs, as the franc is now 75% stronger against the leu compared with 2007-2008, at around RON3.7, should prepare for worse. Foreign analysts more

  • Greek Banks Raise Deposit Interests, While Big Banks Are Lowering Them

    07.11.2011

    The thirst for liquidity of small and mid-sized banks has led to the re-emergence on the market of offers of leu-denominated deposits with interests of 7.5% to 7.75% a year, even though the major more

  • Overdue Swiss Franc Loans Double In One Year

    07.11.2011

    With the Swiss franc at an all-time high against the leu, bankers can do nothing but sit and watch the overdue loans rise fast. After the franc has gone up 60% against the leu since the beginning of more

  • Bankers Keep Money With BNR At 2.25% Interest, While Private Lending Declines

    07.07.2011

    Bankers placed an average of 2 billion lei (equivalent to half a billion euros) in each working day in June in the overnight deposit facility of the central bank (BNR), for which they get an interest more

  • Raiffeisen: Banking Sector’s Retail Network Is No Longer Justified

    07.06.2011

    An increasingly pressing question for the banking sector is the fate of the over 6,000 branches still open despite the very low demand for loans, and consolidation will be inevitable, says Steven van more

  • Finance Ministry To Keep Banks’ Money Only If They Agree To Longer Maturities

    07.05.2011

    The Finance Ministry paradoxically has the upper hand over bankers because at the end of July it is in banks’ best interest not to be stuck with the EUR2.4 billion that the state has to repay them more

  • Payment Spike For Finance Ministry: Banks Are Due To Receive EUR2.6B

    07.04.2011

    The Finance Ministry will face public debt payment spike of about EUR2.6 billion this month because a EUR1.2 billion club loan taken out from local banks in 2009 matures on July 23, and a more

  • Major Foreign Banks Still At 97% Of Their March 2009 Romanian Exposure Level

    07.04.2011

    The nine largest foreign banking groups that undertook to maintain support for their subsidiaries in Romania as part of the “Vienna initiative” in May 2009 are now at 97% of their aggregate more

  • Good News For Bankers: Private Lending Is Thawing

    06.29.2011

    May brought the fastest monthly advance of private lending in the past year, 1.5%, showing that bankers are successful in finding more clients to sell loans to. more

  • Romanian President Thanks Local Greek-Owned Banks For "Proper" Conduct

    06.28.2011

    Romanian President Traian Basescu said Tuesday, after a talk with Greek President Karolos Papoulias, that the seven Greek banks on the Romanian market are operating "properly," for which he more

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