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Results 1 - 5 from 5 for "cleanup"

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  • Uniqa: Romanian Insurance Market Will Experience A Painful Time

    11.10.2015

    The local insurance market is going through a cleanup and transformation process but what will come next will be a more painful time, because the insurers that will remain will have to swallow the more

  • US Fund Encouraged To Do Some Cleanup In Romania’s Banking System

    09.09.2015

    US private equity fund J.C. Flowers has finally reached an agreement with the group run by businessman Ilie Carabulea to take over Banca Carpatica (BCC.RO), the first move in a broader plan to buy more

  • Cleanup Process Halts, But Banks Still Have EUR13B Worth Of Bad Loans On Their Hands

    01.07.2015

    Banks in Romania slowed down balance sheet cleanup at the end of last year, with the weight of bad loans stagnating at 15.3% of the total loan volume in October, according to BNR data. Against the more

  • Bankers To Clean Up Portfolios Before Turning On Lending Tap

    06.11.2014

    Bankers are waiting to clean up their portfolios by removing fully provisioned non-performing loans from their balance sheets before boosting lending, but continue to complain about really weak demand more

  • Central Bank Greenlights Major Portfolio Cleanup Across Banking System

    06.02.2014

    Banks will be allowed to remove from their balance sheets six billion lei (EUR1.36 billion) worth of non-performing loans (NPLs) fully provisioned for and without any reasonable hope of recovery, more

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