Reporter
Ciprian Botea
- Fields
- Banks-Insurance, Capital Market, Real Estate
- Writing for ZF since
- 2011
- Articles
- 114
Bankers Left RON1.8B In BNR Coffers Each Day In May
Bankers left 1.8 billion lei (EUR440 million) at the central bank BNR on each working day of May using the overnight deposit facility, to get rid of excess liquidity, as they did not manage...
Alexandrescu, Alico: We Must Also Consider Low-Income Clients
With insurance policies starting from just EUR12 per year, Alico needs half a million clients so its portfolio will generate sufficiently high revenues.
Life Insurance Policies Worth EUR21M Surrendered In 1Q
The value of redeemed life insurance policies slid by only 2% in the first quarter compared with the same period of 2010, but they are still two to three-times higher than before the crisis.
Insurers Transfer Risks After Fighting On Auto Liability Segment With Very Low Prices
The ten biggest general insurers transferred premiums worth 358 million lei (around EUR85 million) to reinsurers in the first quarter of 2011, up 56% from a year ago.
Euribor Rise Starting To Affect Borrowers In Euros
Holders of euro-denominated loans should prepare to pay higher installments because this month most banks will reset interests on loans whose cost is tied to the Euribor indicator, which has...
Promotional Offers Fail To Thaw Consumer Loans In April
The wave of promotional offers for consumer loans that bankers brought to the market this spring has failed to persuade clients to borrow more, with sales continuing to be below the volume o...