Results 1 - 21 from 21 for "deleveraging"
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Bank Deleveraging Continued, Funding For Companies Up In 2016
03.20.2017
The foreign debt of banks in Romania, which includes the short and long-term lines of credit from their parent banks, dropped by EUR3.4 billion last year and reached about EUR11.2 billion in December. more
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BNR: Foreign Banks Have Withdrawn EUR13B From Romania
06.17.2016
In eight years, foreign banks have withdrawn EUR13 billion of the lines of credit extended to their local subsidiaries, which reached EUR9 billion at the end of March or less than half of the level at more
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Foreign Banks’ Exposure To Romania Down $5.6B
11.19.2015
Foreign banks lowered exposure to the Romanian economy by $5.6 billion in the past year (July 2014-June 2015) in one of the biggest deleveraging moves in Eastern Europe. more
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Non-Resident Deposits Down At Six-Year Low
08.17.2015
Non-residents’ medium and long-term deposits, which are mostly a form of support from parent banks abroad, stood at EUR5.4 billion (24 billion lei equivalent) at the end of June, down EUR500 million more
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Banks Forced To Replace EUR10B Foreign Lines Of Credit With Local Deposits In Six Years
02.25.2015
Over the last six years, the foreign banks that control 90% of Romania’s banking system have withdrawn EUR10 billion worth of lines of credit extended to their local subsidiaries during the economic more
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Foreigners Took Out EUR2.7B From Local Bank Deposits In 3 Years
02.17.2015
Foreigners, largely banking groups, at the end of 2014 held around EUR5.8 billion in medium and long-term deposits opened with local banks, 32% below the record high reached in 2011. In 2014 alone, more
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Foreigners Withdraw EUR750M From Local Bank Deposits In One Year
01.15.2015
Foreign investors, largely banking groups, had medium and long-term deposits opened with local banks worth EUR5.77 billion at the end of November, the lowest level since the spring of 2009. Against more
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Isarescu: Unrestrained Deleveraging Could Hurt GDP Growth
10.21.2014
The combination of fiscal correction measures with an uncontrolled deleveraging process could hurt a sustained economic growth, Romanian central bank governor Mugur Isarescu said Tuesday. more
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Foreigners Withdrew EUR330M From Deposits Set Up With Banks In Romania In One Year
10.16.2014
Foreigners, largely banking groups, in late August held medium and long-term deposits opened with local banks worth EUR6.34 billion, EUR300 million below the level of the year-earlier period. On the more
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Foreigners’ Deposits In Romania Rise On Month In July, Drop EUR260M On Year
09.17.2014
Banks in Romania had medium and long-term deposits set by non-residents, mostly forms of support from parent banks, worth the equivalent of EUR6.42 billion in late July, EUR150 million above the more
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Foreigners’ Deposits In Romania Add EUR90M Since Year Start
07.15.2014
At the end of April, banks in Romania had medium and long-term deposits set up by non-residents, particularly forms of support from parent banks, worth EUR6.54 billion, which was about EUR90 million more
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Bancpost’s Deleveraging To Continue For A While, Says CEO
06.10.2014
Romanian lender Bancpost will likely continue its deleveraging process started in the previous years until the population is confident enough to start borrowing again, the bank’s chief executive more
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Major Foreign Banks Cut Exposure To Romania By 20% In 5 Years
05.09.2014
The foreign banks that participated in the Vienna Initiative and that hold around two thirds of the Romanian banking system's assets narrowed their exposure to local subsidiaries by 20% between March more
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Foreign Banks’ Deposits Stable At EUR6.5B In February-March
04.15.2014
Foreigners’ medium and long-term deposits at domestic banks, particularly forms of support from parent banks, stabilized during the February-March period at around EUR6.5 billion, signaling a break more
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Parent Banks Took Out EUR7B From Romania In 2 Years
03.05.2014
Parent banks last year withdrew 70% of funding with maturity of less than one year granted to domestic subsidiaries, namely EUR3.3 billion, marking a speeding up of the deleveraging process. more
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Deposits Almost Equal Loans In Romania’s Banking System
01.21.2014
The loan/deposit ratio in the banking system came close to a balance in November 2013, standing at 105% compared with 137% in November 2008. more
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Deleveraging To Continue At Least Another Year – Fiscal Council
12.11.2013
Foreign banks will continue to deleverage from their Romanian subsidiaries for at least another year before the process is completed, the head of the country’s parliament-appointed Fiscal Council more
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Olteanu: Romania Should Encourage Savings To Pare Down Deleveraging
11.27.2013
The lending resources of Romanian banks can be increased by implementing policies to reduce the budget deficit and encourage savings, a central bank official said Wednesday. more
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EIB, EBRD And IFC Injected Over EUR1 Billion In Romania’s Economy To Offset Deleveraging
10.16.2013
Banks, companies in the industrial sector and local authorities in Romania have borrowed over EUR1 billion in the past year from the three major international financial institutions – the World more
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BNR's Popa: Parent Banks To Continue Deleveraging
08.07.2013
Foreign banks have increased their funding withdrawal in Romania, but deleveraging remains disciplined, an official of the central bank said Wednesday. more
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Foreign Banks Cut Exposure To Romania Debt By EUR200M In 1H
10.05.2012
The exposure of the European banks to Romanian government paper dropped by EUR190 million in the first half, because of the pressure created by the need for capital and Romanian political scene more