BANK
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Highest Paying Banks In Romania
Citibank, Eximbank, Bank of Cyprus, BCR Banca pentru Locuinte and Blom Bank are the highest-paying lenders in the system, since they pay an average of 7,500 lei (EUR1,665) to more than 13,20...
BCR, Banca Transilvania And BRD, Most Profitable Banks In H1
BCR clearly stood out as the profit leader on the local banking market in the first half, followed by Banca Transilvania and BRD-SocGen. Next in the ranking were ING Bank, UniCredit and Raif...
Unicredit Bank: Romania’s GDP Growth To Accelerate To 4.1% In 2016, But It May Slow Down In 2017
Romania’s economic growth will accelerate to 4.1% in 2016, but is likely to slow down to 3.1% in 2017, due, among others, to the dependence on imports and a slowdown in exports generated by...
Consumer Loan Growth Rate Close To Pre-Crisis Levels
Consumer loans have gone up 15% to 34 billion lei (EUR7.53 billion) at the end of April, compared with the year-ago period, Romania’s central bank data show.
Five Lenders Account For 70% Of Total Number Of Bank Branches In Romania
The five largest banks in Romania by territorial networks account for about 70% of the total offices and branches in the system.
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...
Romania’s Banking System Sees Almost RON1.2B Profit In Q1
Romania’s banking sector posted 1.17 billion lei (EUR259 million) profit in the first quarter, while assets decreased to RON370.2 billion.
Bancpost Posted RON19M Profit In 1Q/2016 Vs. RON25M In Same Period Of Last Year
Bancpost, the second largest Greek bank in Romania, reported a profit of RON19 million in the first quarter of 2016, compared with a profit of RON25 million in the year-earlier period, accor...
Banks’ Return To Profit Boosts SIF Dividend Income
The regional investment funds (SIF) will double their dividend income to 320 million lei (EUR71.6 million) this year because of Banca Transilvania (TLV.RO), BRD (BRD.RO) and Erste Bank (EBS....