BANKS
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Banks In Romania See Loan Volumes Peter Out
End-August, banks in Romania had loans granted to individuals and companies worth 213.6 billion lei (EUR48.4 billion), the equivalent of almost RON8.5 billion below the level of the year ear...
Bogza, Bancpost: Romania’s Banking System Hurt By Lack Of Predictability
The lack of predictability in legislation is the main problem the Romanian banking system is facing today, said Mihai Bogza, president of the Foreign Investors Council (CIS), arguing the bil...
Credit Europe Halves Loss In Romania
Credit Europe, the local subsidiary of the financial group controlled by Turkish billionaire Husnu Ozyegin, ended the first half of this year with a net loss of EUR6.1 million (the equivalen...
Romania's Banking System Profit Down To RON209M In First Half
Romania’s banking system posted an aggregated profit of 209 million lei (EUR47.5 million) in the first half, much lower than RON1.15 billion in the same period a year ago, as banks continued...
Bankers In Romania Step Up Loan Portfolio Cleanup Process
Mures, Neamt, Bucharest and Valcea lead in the ranking of counties witnessing the fastest decline in loan overdue installments, with the volume of outstanding payments narrowing by at least...
Banks In Romania Slow Down Network Restructuring In Hope Of Lending Revival
Banks in Romania continued to reshuffle their territorial networks in the past year, but fewer units were closed down, a sign that bankers do not want to risk having too few units when lendi...
Banks In Romania See Loans Worth RON8B Vanish From Portfolios In Just One Year
Banks in Romania had retail and corporate loans worth just 213.8 billion lei (EUR48.3 billion) left in their portfolios at the end of July, a three-year low, as they are unable to sell enoug...
Depository Services, A Goldmine For Banks In Romania
Banks in Romania gain 260 million lei (EUR60 million) a year from safekeeping and evaluating assets of investment funds, and such services have become ever more lucrative in recent years, ac...
Bad Loan Ratio Falls After NPL Sales
The bad loan ratio has entered a downward trend in Romania after it peaked at 22.3% in March and analysts expect the trend to maintain amid the sale of certain portfolios of soured loans.