BANKS
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Ranking Of Leasing Companies Affiliated To Banks In 1H
The top-three leasing companies affiliated to banks in the first half of the year were, in this order, UniCredit Leasing, VB Leasing and Raiffeisen Leasing, according to market sources.
Five Banks Plan To Raise EUR150M From Selling 3,500 Foreclosed Homes
BCR, BRD, Banca Transilvania, Raiffeisen and CEC Bank – the largest lenders in Romania by assets, hope to collect EUR150 million from selling 3,500 foreclosed homes, according to data collec...
Profit Of Banking System Exceeds RON1B In 1H
The banking sector ended the first six months of this year in the black, with the overall net profit amounting to 1.15 billion lei, according to data from central bank BNR. This comes after...
Romania Might Raise Funds For 2013 First Home Program By RON1B
Romania’s Government will increase funding for this year’s edition of the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will...
Ponta Urges Banks To Resume Lending
The biggest challenge for the Romanian economy is the lack of lending as banks have turned into “real estate agencies,” according to Romanian Prime Minister Victor Ponta.
No To-Big-To-Fail Banks In Romania, Says Central Bank’s Chief
The largest Romanian banks are not nearly large enough to be deemed “too big to fail”, but some of them may be too big by local economic standards, central bank governor Mugur Isarescu said...
Romanian-Controlled Banks Close To Extinction
Romanian-controlled banks are on their way to extinction, with multiple factors at play: the indiscriminate privatizations conducted in the previous decade amid pressure from external credit...
Banking System Remains Profitable After Five Months, With Net Profit Of RON763M
Production of new loans did not recover in the first five months of the year, with the ratio of non-performing loans exceeding 20% in May and no spectacular progress in terms of cutting oper...
Banks Make Loans Cheaper But Keep Their Margins
Banks have cut interest rates for ongoing loans in lei by three quarters of a percent in three months’ time, to 10.8% a year in May, but have kept their net interest margin as high as possib...