Results 201 - 225 from 462 for "banks"
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Minister: Romania’s Banking System Needs Restructuring
06.20.2013
The Romanian banking system needs be downsized and banks should reevaluate their costs, fees and interest rates, said Economy Minister Varujan Vosganian. more
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van Groningen: Romania Should Have No More Than Four Universal Banks
06.13.2013
The banking system in Romania will undoubtedly consolidate further because it becomes highly costly to keep a universal bank running and the local market is not able to support more than four more
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ZF Bankers Summit ’13: Only Energy, Agriculture, Public Administration And EU-Funded Projects Are Bankable
06.13.2013
Bankers are awaiting the return of economic growth before genuinely restarting lending, but they admit there are good some businesses worth more attention, even at this time, when there are no signals more
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Banks To Lose RON5B If Forced To Vet Contracts For Possible Abusive Clauses
06.04.2013
Romanian commercial lenders are likely to incur aggregate losses of some 5 billion lei (over EUR1.1 billion) following the potential implementation of a regulation allowing collective lawsuits against more
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Deposits At Foreign Banks Dwindled In 1Q In Romania Amid Cyprus Crisis Woes
05.31.2013
Deposits in local branches of foreign banks have declined in the first quarter of the year to 6.49% from 6.76%, as people pulled their money following the crisis triggered mid-March in Cyprus and made more
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Ghetea: Banks Want To Get Involved In Endorsement Procedures Of EU-Funded Projects
05.31.2013
Banks are willing to get involved in the endorsement process of projects eligible for European Union financing, Radu Ghetea, head of Romanian Banking Association (ARB), said Friday. more
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Raiffeisen Becomes Romania's Most Profitable Bank In 2012
05.23.2013
Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit. more
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2013 Could Be The Year Of Transactions In Banking
05.20.2013
The sale of Citibank and RBS Bank’s retail portfolios broke the ice on the market of banking transactions, but this year is expected to bring major shareholder changes for at least three of the more
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BNR Has Changes In Store For Bankers
05.16.2013
Romania’s central bank’s Supervisory Department will change the way it deals with banks this year. Any slippage in risk control, including operational risks, will be much more harshly penalized, more
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Bankers Won’t Cut Interest Rates Because Central Bank Says So
05.15.2013
Steven van Groningen, chief executive of Raiffeisen Bank, says loan interest rates will be gradually cut, but the cuts will be made depending on market conditions, not because somebody ordered it. more
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Romanian Banking System 1Q Net Profit Rises Fourfold On Year To RON520M
05.09.2013
Romanian banks reported a four-fold rise in their combined net profit to 520 million lei (EUR120 million) in the first quarter, central bank data showed. more
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Foreign Banks Cut EUR3B From Lines Of Credit In Past Year
05.07.2013
The foreign funding of banks in Romania dropped to less than EUR20 billion at the end of the first quarter of 2013, the lowest since the start of the crisis in 2008. more
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Greek, Cypriot Banks Continue To Offer Highest Interests On Deposits
05.02.2013
Despite the scandal surrounding the suspension of the activity at the Bank of Cyprus for almost a month and despite talks on the risk of putting money in deposits at high interest rates, Greek and more
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Over 80% Of Romanian Customers At Risk Of Switching Banks - Report
04.24.2013
More than 80% bank customers in Romania consider leaving their banks in the next six months, saying there are unhappy with the quality of overall service, a survey from consultancy firm Capgemini. more
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More Than 3,400 Jobs In Bank Branches Slashed
04.23.2013
More than 3,400 employees working in bank branches in Romania left last year in the harshest restructuring phase since the onset of the crisis, while 320 branches closed. Six times fewer people (about more
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Banks Foreclose On 2,000 Homes Monthly
04.17.2013
Banks have ended up foreclosing on 2,000 homes per month as they seek to recoup money from bad payers, according to ZF calculations based on the difference between the rise in the number of loans and more
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Banca Transilvania And Raiffeisen Battle Over Bank Of Cyprus's Romanian Portfolio
04.17.2013
Banca Transilvania (TLV.RO) and Raiffeisen Bank are the only banks that had submitted firm offers to take over the portfolio of assets and liabilities of the Romanian subsidiary of Bank of Cyprus, more
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Romanian Entrepreneurs Go Insolvent Because They Grew Through Loans - Specialist
04.12.2013
The 20 years of entrepreneurship in Romania since the 1989 revolution have not been enough to create a generation of business people, with most entrepreneurs starting from scratch, with no financial more
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Negritoiu, ING: Clients With More Than EUR100,000 In A Bank Are Investors, Not Depositors
04.05.2013
Clients who hold deposits of over EUR100,000 are more likely to be investors than simple depositors, and they should have been aware of the risks they were taking when investing in Cypriot banks, says more
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Volksbank: Romanians Are Starting To Save More
03.15.2013
Uncertainty about the economy and the lingering financial crisis have pushed many Romanians to save more despite the low interests, Volksbank Romania’s vice-president Lucian Cojocaru said Friday. more
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Foreign Owners Fed EUR1B Into Romanian Banks In 2012
03.12.2013
The capital of the foreign-held banks in Romania amounted to 19.7 billion lei (EUR4.5 billion) at the end of last year and accounted for almost 80% of the total capital of the banking system, more
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Ranking Of 15 Largest Banks By Assets In 2012
02.28.2013
Banca Transilvania (TLV.RO), the largest Romanian-controlled bank remained the 3rd biggest bank in the system by balance sheet assets for the second year in a row, ahead of state-held CEC Bank. more
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Restructuring Starts: Banks Cut 4,000 Jobs Last Year
02.22.2013
Over 4,000 employees left the Romanian banking system in 2012, with 322 units shutting down and the overall network falling below 6,000 branches and agencies. more
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16,000 Romanians Keep EUR3.7 Billion In Bank Deposits
02.13.2013
Sixteen million Romanians are keeping EUR28 billion in banks and 0.1% of them deposited EUR3.7 billion, or EUR220,000 each. more
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Bad Loans Bring Romanian Banking System Loss To RON2.1B
02.11.2013
In the past three years banks in Romania have piled up losses of 3.4 billion lei (EUR773 million) as one fifth of loans were not performing. more