06.27.2018

The World Bank’s Board of Executive Directors on Wednesday approved a EUR400 million Disaster Risk Management Development Policy Loan for Romania to support the country's efforts to effectively more

06.18.2018

ING Bank Romania has appointed Thomas Bernert as its new chief risk officer (CRO) starting August 1, to replace Ronald Oort, who was appointed CRO at ING Spain. more

06.14.2018

Loan non-payment risks are the greatest threat to Romania's financial stability, central bank governor Mugur Isarescu said Thursday at the presentation of the central bank's report on financial more

12.08.2017

Construction and real estate companies still have the highest credit risk, even though they saw the most significant decline in the non-performing loan ratio, while the services and utilities sector more

07.18.2017

more

06.15.2017

Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be fooled by the weather outside, says Sergiu Manea, chief more

05.25.2017

Companies in Romania have a poor internal organization and high indebtedness, which means they need to pay more attention to financial management, as well as to generating cash and boosting more

03.06.2017

Romania is regarded by international markets as a low-risk investment, as the credit default swap dropped to 100 basis points, a nine-year low. more

01.19.2017

Romania’s Competition Council head Bogdan Chiritoiu on Thursday said state-owned railway freight carrier CFR Marfa is in dire straits and at risk of bankruptcy if the European Commission deems its more

10.19.2016

Romania is at its best in twenty-six years in terms of macroeconomics, but also faces unprecedented risk, Romania’s central bank governor Mugur Isarescu said at the Country Risk 2016 conference. more

10.18.2016

Romanian central bank governor Mugur Isarescu said Tuesday the country is currently at the best he has seen in his career in terms of macroeconomics but also faces unprecedented risk. more

09.01.2016

Bancpost, the Romanian division of Greek group Eurobank, set up risk provisions of approximately EUR19 million for potential losses following the enforcement of the debt discharge law, according to more

04.07.2016

Romania's central bank governor Mugur Isarescu warned Thursday the central bank has identified severe systemic risk in Romania for the first time ever. more

02.04.2016

The implementation of the law on debt discharge, as initially approved by Parliament, is a major risk to the macroeconomic outlook while the retroactive application of the law could have a negative more

01.13.2015

Romania registered progresses in the last years, but disputes between the Prime Minister and the President could hinder political stability, thus Romania gets a political risk score of 62.7 (moderate) more

09.26.2014

Banks in Romania need to complete balance sheet cleanup and focus on resuming lending, to the end of generating new sources of profitability and sustainable growth. more

07.04.2014

Erste Group Bank (EBS.RO) traded down more than 13% in Bucharest Friday morning, after the Austrian banking group issued a profit warning yesterday. more

05.15.2014

All eyes on the European Central Bank in June, said Euler Hermes in this week’s export risk outlook report. more

05.08.2014

Portugal decided to end the three-year agreement with the International Monetary Fund without requesting any additional credit line from the IMF or the European Union, almost at the same time when more

04.16.2014

BCR’s retail loan portfolio in the first quarter of 2014 posted growth for the first time in three years as a rebound in consumer confidence has been felt starting the first half of the year, said more

03.27.2014

Business confidence in the euro-zone suggests a gradual recovery, Euler Hermes noted in its latest edition of the Weekly Export Risk Outlook report. more

03.13.2014

Ukraine's foreign exchange reserves have continued to fall, to USD13.7 billion at end-February, down 15% on the month and 27% lower than in February 2013, and now cover just 1.6 months of imports, more

02.19.2014

Estimates of the fourth-quarter gross domestic product in the Central and Eastern Europe indicate a stronger economic momentum for the group of 11 EU member states in the region, Euler Hermes latest more

10.28.2013

The interest rate has become an accessory in the business of lending to companies, with the key aspect being banks’ confidence they will recoup their money, says Cristian Sporis, executive more

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