Reporter
Ciprian Botea
- Fields
- Banks-Insurance, Capital Market, Real Estate
- Writing for ZF since
- 2011
- Articles
- 114
Bankers Sold Mortgage Loans Worth EUR100M In July
Sales of state secured loans sped up mortgage loan growth in July, with the volume of funding for buying a home climbing by the equivalent of EUR100 million last month.
Insurer Astra Remains Market Leader By 1H Underwritten Premiums
Only two of the top ten insurers generated rising turnovers in the first half of the year, while the revenue of another three insurers posted two-digit declines.
Lending Picks Up: EUR3B In New Loans In Four Months
After two years of decline, private lending has been on the rise for the last four months, with companies borrowing most new money.
Analysts, Still Cautious: Lending Could Suffer Again
A faster recovery of lending is not possible on the short term, analysts believe, given the recent weeks’ international market turmoil, likely to lead to rising borrowing costs.
Banks Ask Clients For Even Two Days' Notice To Withdraw Over EUR5,000
Clients who want to withdraw more than EUR5,000 from their current accounts need to notify the bank at least one day ahead and in some cases they even need to go to the bank to file a writte...
Stock Falls Wipe Out Tens Of Million Euros From Unit-Linked And Private Pension Accounts
Private pension funds and insurers’ unit-linked schemes have felt the full blow of capital markets’ decline in the past month, as millions of euros vanished from clients’ accounts.
Groupama Sees Steeper Turnover Decline In H1
Groupama, the fourth largest insurer, in the first six months underwrote gross premiums worth EUR84 million, down 12% from a year ago, on weak car policy sales.
Only Ten Mortgage Loans In Lei Granted Through “First Home 4”
The increase in the cost of euro funding and the decline in interests on the Bucharest monetary market have not persuaded Romanians to borrow in lei instead of euros, so bankers have managed...
Bankers Raise Leu Consumer Loan Rates Again
Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The ex...
Past Due Swiss Franc Loans Climb By EUR10 Mln Per Month
Past due amounts on Swiss franc-denominated loans are making loan holders nervous, with the Swiss franc expected to reach parity with the euro this autumn.
Banks Have 2,000 Properties For Sale And Start To Cut Asking Prices
Almost 2,200 homes and plots of land, as well as retail space and factories, are currently for sale on the websites of the largest local banks. The number of ads is more than double compared...
Banks And Leasing Companies Control Insurance Brokerage Market
Companies affiliated to banks and to leasing companies control the insurance brokerage market, as access to an extensive territorial network and exclusivity over hundreds of thousands of lea...