ARB
18 articole · RSS
Banks Remain Romania’s Main Lending Provider 25 Years After Establishment Of ARB
Romania has had to reinvent banking in the past twenty-five years and banks on the local market are now doing well in terms of capitalization, yet the bank service penetration rate remains l...
ARB: Law On Debt Discharge To Negatively Impact Financial Stability
The law on debt discharge will have a negative impact on financial stability, while it might also include elements of unconstitutionality and moral hazard, the Romanian Banking Association (...
Oprescu, ARB: Financial Cycle Should Be Resynchronized With Business Cycle For Economic Prosperity
The financial cycle, which is still on a downward trend, should be resynchronized with the business cycle to trigger a higher economic prosperity by increasing the level of financial brokera...
Loan Restructuring Program Is Rather An Electoral Measure - ARB Head
Romanian Banking Association (ARB) considers that the government’s loan restructuring program is rather an electoral measure, Florin Danescu, ARB executive president, told a financial semina...
Ghetea: Any Incorrect Court Ruling On Abusive Clauses In Loan Contracts May Harm Banks
Banks in Romania ought to have eliminated all abusive clauses from consumer loan contracts, as a Government emergency ordinance which took effect in 2010 required their elimination by Septem...
CEC Bank Blocks Several Cards Amid Fraud Scare
Romanian state-owned lender CEC Bank said Wednesday it has blocked a number of bank cards issued by financial institutions in Romania, citing possible security breaches.
Romanian Banking Association Appoints Executive President
Romanian banks association ARB on Thursday announced it has appointed Romanian International Bank (RIB) chief Florin Danescu as executive president.
Maximum Discretion About Bankers’ Proposals For Draft Restricting Lending To Individuals
Tuesday is the deadline by which the Romanian National Bank accepts comments and proposals on the draft regulation set to drastically restrict lending in foreign currency to individuals, but...
Romanian Banking Association Elects 2 New Board Members
Romanian Banking Association (ARB) Thursday elected two new members in its Managing Board and approved hiring an executive president.