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Results 1 - 7 from 7 for "default"

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  • Two in 100 Companies Already in Default in Romania; Insolvency Numbers Set to Rise Further in 2023

    04.28.2023

    In textile production, constructions and food industry, between 3 and 5 firms out of 100 are insolvent, with these being the fields of the Romanian economy where the weight of struggling companies is more

  • Ghetea: Most Difficult Moment Of My Career Was Announcing Romania’s Default

    05.18.2015

    Radu Gratian Ghetea, who is due to retire from his position as CEC Bank president after eight years, says the most difficult moment of his entire 43-year career in the banking sector was the more

  • Real Estate Developer RomReal Might Default On EUR11.6M Loan Provided By Alpha Bank

    10.19.2012

    Real estate developer RomReal, which has several properties in Romania, Friday said it is currently unable to discharge its entire debt to lender Alpha Bank and might default on its loan unless it more

  • How Much Bankers Get Back From A Loan In Default

    02.22.2012

    Bankers manage to get back only 30% of unsecured consumer loans that default, with the rest amounting to losses, according to a study by the Romanian central bank BNR, conducted on a quarterly basis more

  • BCR: Loans Restructured Three Or Four Times Triggered 3Q Loss

    11.04.2011

    BCR, the largest bank on the Romanian market by assets, wrote off as losses several big-value loans granted to companies with financial problems, which were restructured several times during the more

  • Moody’s Sees Romania 5-Year Default Probability At 8.9%

    09.27.2011

    The probability of a Romanian sovereign debt default in the next five years reached 8.9% at the end of last week, after the 12-month risk nearly doubled to 1.35%, from 0.76% in the previous seven more

  • How Local Fund Managers See The Greek Crisis

    06.17.2011

    The escalation of the Greek debt crisis has chased investors away from stock markets, which have suffered major corrections in the past few days. The stock exchanges could be appeased if European more

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