Senior Editor
Razvan Voican
- Fields
- Banks-Insurance, Macroeconomics, Capital Market
- Writing for ZF since
- 2011
- Articles
- 77
Negritoiu, ING: Can't Build Walls To Keep Capital In
The scenario under which foreign banks will reduce their exposure to Romania because of capital needs is already likely to become reality, not just a risk, and capital repatriations can be s...
President Basescu, Finance Ministry, BNR Ask EU In Unison To Persuade Banks Not To Withdraw Capital
The risk of foreign banks starting to repatriate capital has alarmed the authorities so much that President Traian Basescu, the Finance Ministry and the National Bank (BNR) are talking in un...
Romania Among Most Vulnerable Countries If Euro Zone Banks Repatriate Capital
Romania is the fourth most vulnerable country if euro zone banks decide to cut their exposure, with debts to such lenders amounting to around 38% of GDP, according to an analysis of UK’s Bar...
Romania Needs New Vienna Agreement To Prevent Banks From Taking Money Out
Threatened by a new wave of recession, Romania is faced with the real danger of foreign banks halting financing; the leaders of the euro zone should find a solution resembling the former Vie...
Alpha, Bancpost Merger Creates One Big Bank With EUR7B Loans And Just EUR3.1B Deposits
Alpha Bank Romania and Bancpost, two top 10 banks in Romania, and their clients were set to find out on Monday what the merger of their parent banks would look like, in the wake of the extra...
In The Rush For Cash Banks Would Pay Just Anything To Get It
Inflation continued to decline fast in the last few months, going below 4%, yet many banks continue to pay over 7% yearly interests to keep their clients and compensate for the lesser suppor...
RBS: Leu To Fare Better Than Zloty And Forint
The Romanian central bank (BNR) wants to keep the leu/euro exchange rate stable, limit its volatility in order to create the framework for economic growth, and has sufficient forex reserves...
Raiffeisen’s Treasury Head Pleads For Lower Leu Interest Rates
Romania is in the odd situation where transactions are concluded in lei, but many prices are set directly in euros, so that the economy is basically relying on the euro, so why should leu-de...
Garanti: New Lending Rules To Cause Decline, Market Will Adjust Though
The new regulations Romania’s central bank (BNR) has prepared for household lending will certainly lead to a decline of the retail banking business, says Murat Atay, general manager of Garan...
Central Bank Is Late To Discourage Foreign Currency Lending, Doesn’t Go All The Way
On a market where loans in foreign currency account for two thirds of overall household lending, the National Bank of Romania (BNR) wants to discourage foreign currency loans, especially mor...
Lending Freeze Turns Romanians Into Net Creditors Of Banks
The slow pace of lending and a higher interest in saving money turned Romanians into net creditors of banks, a position they have kept since last December. The gap between deposits and debts...
Millennium Bank’s New Strategy Could Entail Selling Romanian Subsidiary
The operations Millennium BCP runs in Poland, Greece and Romania, will from now on be considered by the group as non core, i.e. will be treated as assets no longer essential for the business...