BANKS
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Foreigners Withdraw EUR750M From Local Bank Deposits In One Year
Foreign investors, largely banking groups, had medium and long-term deposits opened with local banks worth EUR5.77 billion at the end of November, the lowest level since the spring of 2009....
The Romanian Banking System After 6 Years Of Crisis
The local banking system looks completely different from its picture of the autumn of 2008, at the crisis onset, as market players had to adjust to the new conditions, namely low loan demand...
Cinteza: Romania's Banking System Loss To Exceed RON2B In 2014
The provisions booked by banks via non-performing loans cleanup process triggered a net loss of 1.58 billion lei (EUR35 million) in the banking system in January-September, but losses will e...
UniCredit And OTP Charge Highest Current Account Fees
UniCredit Tiriac Bank charges the highest monthly current account fees in Romania, of RON7.5, followed by OTP Bank, with RON5, while Banca Transilvania and Marfin Bank don't charge customers...
Foreigners Withdrew EUR330M From Deposits Set Up With Banks In Romania In One Year
Foreigners, largely banking groups, in late August held medium and long-term deposits opened with local banks worth EUR6.34 billion, EUR300 million below the level of the year-earlier period...
Austrian Banks Cut Direct Loans To Romanian Companies
End-June, Romanian companies had around EUR10 billion worth of loans taken out directly from banks from abroad, mostly from Austria and Germany, down by the equivalent of EUR1 billion from J...
Companies In Romania Still Wary Of Borrowing
Banks in Romania in the first eight months of this year sent 706,000 requests for information about potential clients to the Central Credit Registry (CRC), 1,450 requests less than in the sa...
Banks In Romania Rush To Slash Deposit Interest Rates
Several banks in Romania, inclusively some of those paying interest rates above the market average, have rushed to adjust interests offered to depositors as soon as the central bank cut the...
Romania Central Bank Lends RON4.5B to Eight Banks In 7-Day Repo
Romania's central bank Thursday lent almost 4.5 billion lei (EUR1 billion) to eight commercial banks via a seven-day repurchasing agreement operation at an annual interest rate of 3%, equal...