BANK
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Bank Turns Into Real Estate Developer
The real estate arm of Piraeus Bank, Piraeus Real Estate, will invest several million euros to complete six apartment buildings part of the Seasons Residence complex in Brasov (central Roman...
Merica, Romanian-German Chamber Of Commerce: Bank Fees In Romania Much Higher Than In Germany
Banks in Romania continue to charge fees for the administration of the current account, and they remain high, while in Germany there are banks with zero fees, said Radu Merica, president of...
RBS, Citi And Bank Of Cyprus Step Up Talks To Sell Portfolios
The new banking year starts with stepped-up negotiations for the sale of business portfolios; the main sellers are RBS, Citibank and Bank of Cyprus, sources on the market say.
Greek Banks Close Down 60 Branches In Crisis, Deposits Fall By EUR600M
Greek banks in Romania had deposits of EUR4.3 billion left in September last year, down by the equivalent of EUR600 million compared with September 2011, according to data published by share...
Erste Willing To Finance Large Romanian Infrastructure Projects
In the seven years since taking over lender Banca Comerciala Romana (BCR), Austria’s Erste has gained a lot of experience, but the bank it now controls is far from the plan it dreamed up in...
2012 Another Year Without Cheaper Leu Loans
Early 2012 expectations of a drop in loan rates prompted by the good news coming from the economy and the relaxation of the central bank’s monetary policy did not materialize, and loans are...
Gap Between Depositors Widens
The household deposits in Romanian banks increased by 27 billion lei (EUR6.04 billion) over the past three years to RON121 billion at the end of September.
Siveco Romania Develops Sole Computerized Solution For Moldovan National Bank
IT software developer Siveco Romania and National Bank of Moldova Monday announced the expansion of the computerized system for bank reporting, by developing over 50 new types of reports wit...
Raiffeisen Head: I Wouldn’t Be Surprised If Five Banks Were Up For Sale Now
The banking system has begun a consolidation process, as seen in part in the decision of some international financial groups to sell some or their entire operations in Romania. More banks wi...