BANKS
434 articole · RSS
Now That BNR Cut Key Rate To 5.5% When Will Loan Interests Follow Suit?
The central bank has cut the key rate by 0.75 percentage points since November, to 5.5% but a number of banks like BCR, Raiffeisen, Emporiki and Garanti did the exact opposite not long ago w...
Foreign Banks Cut Exposure To Romania By EUR2.6B In 3Q
The Austrian banks cut exposure to Romania by some EUR1.9 billion in the third quarter of 2011 compared with the mid-year level, due to pressures to reduce vulnerability to risk and consolid...
Banks Granted EUR1B Mortgage Loans Last Year
Loans granted by Romanian banks for home acquisitions rose by EUR1 billion last year, reaching the equivalent of EUR7.75 billion, according to data from central bank BNR.
Investment Funds In Fierce Competition With Banks Over Savings In 2012
Raiffeisen Asset Management, with over EUR650 million in assets under management, estimates its assets will increase by several tens of million of euros this year, because of fierce competit...
Money Is Cheaper On Interbank Market, But When Will Loan Installments Go Down?
The costs at which banks borrow from one another have fallen significantly in the past few weeks thanks to the abundant liquidity on the interbank market and clients whose interest rates are...
Romanians Put Aside EUR5B During Crisis
Deposits at Romanian banks climbed by almost EUR10 billion in the past three years, as customers adjusted their financial behavior to the economic crisis.
Banks Have Several Days Left To Come Up With Offers To Comply With New Lending Rules
Bankers did not rush to adjust their offers in line with the lending rules enacted by the central bank last fall and tried to make the most of the ninety-day time they had been given to draf...
Romanian Banks Reported RON430M Combined Loss In 2011
Romanian banks reported a combined loss of about 430 million lei (EUR100 million) last year, from a negative result of RON516 million in 2010.
KPMG: Banking System Might See Consolidation
A consolidation of the banking system might occur where the market position and investment level no longer justify the presence of a bank in Romania or if they fail to find certain niches, b...