BANK
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Banks Are In No Hurry To Raise Deposit Interests Despite Central Bank Signals And Rise In Inflation
Bankers are in no hurry to raise the interests of leu deposits despite Romania’s central bank having raised the key rate twice this year and inflation becoming more and more pressing.
Banks Paid More Than RON640M Corporate Tax In 2017
Banks paid 641.5 million lei (EUR138 million) corporate tax in 2017, double as much as budgeted for last year and as paid in 2016. The banks’ corporate tax in 2017 was the highest in seven y...
Romania’s Banking System Profit Up To More Than RON4B In Jan-Sep
Romania’s banking system posted about 4.14 billion lei (some EUR910 million) net profit in the first nine months and assets rose to a peak of RON406.4 billion, driven by the rise in lending,...
Romania Sees Constant Unreported Cyberattacks Targeting Banks - Kaspersky Lab
Romania registers constant unreported cyberattacks targeting banks and six such attacks occurred in the last year alone, Costin Raiu, director of Global Research and Analysis Team at Kaspers...
ING Bank Takes Top Spot On Primary Dealers Market In H1
ING Bank, the seventh largest lender in Romania by assets, climbed to the top spot of the ranking of primary dealers in the first half. Previous leaders were Raiffeisen Bank (2016) and Banca...
Romania’s Banking System Most Profitable In Europe
The banks in Romania have become the most profitable in Europe, as the return on equity (ROE) reached 15.6% at the end of the first quarter, double the European average, statistics of the Eu...
Top Ten Lenders In Romania Account For Almost 83% Of Banking System Assets
The ranking by assets of banks in Romania did not see significant changes last year, as the major top ten lenders kept their positions except for one.
Czech Lender and Investment Manager In Race To Buy Marfin Bank Romania
Czech Republic-based Expobank, held by a Russian investor, Igor Kim, as well as an investment management company in London, Argo Capital Management, together with Duet Private Equity, are in...
Romania’s Central Bank: Efficiency Of Romanian Banking Staff Still Low
The efficiency of the Romanian banking staff is still low, given the low financial intermediation, as a banking employee manages EUR1.7 million, compared with EUR15.1 million in the EU, reve...