BANKS
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Bogza, Bancpost: 2011 Economic Growth Unable To Help Local Banks
The growth of Romania’s economy last year was unable to help the local banking system, Bancpost president Mihai Bogza said Wednesday at the ZF Bankers Summit12.
Ghetea: Profitable Lenders In Romania Won’t Leave Market, Greek Banks Included
Foreign banks in Romania that are well positioned on the market and gained good profits, including Greek lenders, will not leave the country, CEC Bank president Radu Ghetea said Wednesday at...
Greek Banks Manage To Draw In New Deposits Of EUR37M In 1Q
The calming of tensions over the Greek debt crisis in the first quarter of the year allowed Greek banks to retain their stocks of deposits.
Greece’s Euro Exit To Direct Attention To Financing Loan Portfolio – Romanian Bank Official
Greece’s euro zone exit would raise the question of who will finance the loan portfolio of Greek lenders' subsidiaries in Romania, estimated at about EUR5-7 billion, ING Bank Romania general...
Romanian Banks Accessed EIB Financing Worth EUR822M Since 1990
Romanian lenders have accessed financing worth EUR822 million from the European Investment Bank from 1990 until now, equal to 4.7% of the EIB funds made available in Central and Eastern Euro...
BNR: Greek Banks Have Enough Cash And Government Paper To Meet Their Obligations
Greek-held banks in Romania have a solvency ratio that is two percentage points above the banking system average, their obligations are well covered in cash and government paper and the shar...
More Than 1400 Employees Left Romanian Banking System In 1Q 2012
More than 1,400 employees left the Romanian banking system in the first three months of 2012, one of the most significant quarterly declines since the start of the crisis.
Real Estate Financing: Harder To Get, More Risks To Take
Banks are still reluctant to lend to real estate investors, so developers have to take more risks if they want to continue their projects and remain on the market, according to information p...
Romanian Banking System 1Q Net Profit Falls On Higher Provisions
Romanian banks reported combined net profit of 165 million lei (EUR37.2 million) in the first quarter, lower on the year, hurt by rising provisions.