Editorial Director
Cristian Hostiuc
- Fields
- Banks-Insurance, Companies, Macroeconomics
- Writing for ZF since
- 2011
- Articles
- 29
CEC Bank’s New Management Team Both Incomplete, Unapproved By Central Bank
The new management team of CEC Bank announced four month ago is now incomplete and those who accepted the positions have not filed for approval with the Central Bank BNR.
Ciorcila, Banca Transilvania: We Have Always Had The Decision In Our Hands, That’s Why We Grew
Paradoxically, for lender Banca Transilvania, the crisis has become the best opportunity for growth on the banking market, while the other entities have pulled back from the lending market d...
Top Bank Salaries In December 2011
Romanian bankers from Spanish group La Caixa continue to be the best-paid in the Romanian banking system, ending 2011 with an average net wage of 10844 lei (EUR2490) in December.
Banca Transilvania CEO Resignation Points To Shift In Strategy
As soon as Romanian lender Banca Transilvania (TLV.RO) announced the resignation of its chief executive officer, the question on everybody’s lips was: why did Robert Rekkers leave?
We'll Escape The Crisis When We Choose To Leave It
Journalistically speaking, 2011 has been an extraordinary year. So full of events and also so many systems, markets, taboos, customs, people, entire countries called into question that every...
Top Paying Banks In Romania. Find How Much Lenders Paid Their Staff In September
Banking employees continue to be the best-paid workers in Romania, earning twice as much as the average salary. According to end-of-September data, the average monthly net salary in the 40 b...
Gainers And Losers Of The Romanian Banking System
The ranking of Romanian banks at the end of September indicates a few changes in the top 10 by assets, but the banks’ balance sheets, the quality of loans and of clients, and the daily activ...
RCS&RDS Gets EUR200M Syndicated Loan From BCR, CEC, Credit Suisse
Romanian internet and telecom operator RCS&RDS has taken out a EUR200 million syndicated loan from Banca Comerciala Romana (BCR), CEC Bank and Switzerland’s Credit Suisse.
Head Of Creditcoop: I Don’t Know Many Bankers Who Can Boast Our Results
Banca Centrala Cooperatista Creditcoop (Central Cooperative Bank Creditcoop), with its 47 subordinated cooperative banks, hopes to end the year with a gross profit of 12 million lei and over...
Third Quarter Macroeconomic Data Restores Analyst Optimism About Full-Year Growth
The better than expected economic growth in the third quarter, which President Traian Basescu puts at 3%, is driving analysts’ estimates for the entire year up towards 2% compared with 1.5%...
Pascariu, Unicredit: Romania Has No Money To Create Or Buy A Large Bank
Dan Pascariu, chairman of the Supervisory Board of UniCredit Tiriac Bank, believes the Romanian government lacks the money to create or buy a large bank that can make a difference on the mar...
BNR Sets Up Bridge Bank To Save Ailing Banks
The National Bank of Romania (BNR) is to complete and approve the regulations of the operation of a new financial institution on the local market - the so-called bridge bank, which should be...