Senior editor
Liviu Chiru
- Fields
- Banks-Insurance, Macroeconomics, Capital Market
- Writing for ZF since
- 2011
- Articles
- 29
Analysts Recommend Leu Investments, Despite Greek-Fueled Pressures
Events in Greece, a country which European leaders are struggling to save from bankruptcy, are moving the leu/euro exchange rate quite strongly.
JP Morgan: BNR Has The Power To Save Greek Banks. It Won't Be Necessary, Says BNR
Romania's banking system would still be standing even in a worst-case scenario, where Greek banks were so seriously crippled by the financial crisis that they would be forced to give up thei...
Short-Term Foreign Debt Swelling Again
The short-term foreign debt (the amounts borrowed from abroad by the state, banks and private companies that need to be paid back over the next 12 months), which was the main vulnerability t...
How Bankers Came To Collect Loan Installments For Rivals
Something that seemed inconceivable during boom years, namely for a bank to collect the installments for the loans that one of its peers sold, as it does for an utility, now comes as a natur...
After Monday’s Peak, The Euro Lost Ground
The exchange rate fluctuations over the past week, with the leu losing over 2% against the euro, broke the relative stability to which bankers, as well as clients with foreign currency loans...
Greek Banks Offer High Interests On Deposits Again
Greek-controlled banks have returned with generous offers for deposits, paying interests of over 8% a year on leu-denominated deposits and of 4% a year on euro deposits. This is the first vi...
Raiffeisen Leasing Triples Turnover In Q1, To EUR17M
Raiffeisen Leasing expects to make profit this year, too, after having seen the value of funded goods triple in the first three months (it started, however, from a low base), as the rate of...
May Volatility Fails To Revive Forex Market Transactions
The forex market did not go much past the EUR35 billion level in traded volume in May either, after the market had hovered around this value in the past four months, despite the higher leu v...
Exports Brake In April, Posting 17% Decline Against March
Exports came with an unpleasant surprise in April, falling by 17% against the all time high reached in March, to EUR3.3 billion.
Banca Romaneasca Relocates HQ To Euro Tower
Banca Romaneasca, the domestic subsidiary of the National Bank of Greece, rented 3,250 square meters in the Euro Tower office building, located at the intersection of Barbu Vacarescu and Lac...
Loan Provisions Jumped By EUR200M In April, Equaling First Quarter Growth
The loan provisions set up by banks posted another increase in April, leaping by around EUR200 million from March, after a four-month period when they seemed to have stabilized. The April ju...
Unpleasant Surprise: Household Overdue Loans Up By EUR75M In April
Individual customers' overdue payments on bank loans unexpectedly jumped in April, overshooting the 6 billion lei (EUR1.4 billion) mark for the first time, central bank data revealed.