BANKS
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Banks About To Take A Day Off To Implement IFRS
Romanian banks are about to start reporting according to the international standards, which will heavily test their IT systems and administrative resources.
IMF: Romanian Banks Not In Danger Of Collapsing
Romanian banking system remains rather balanced, despite some deleveraging from parent banks, and it is highly unlikely that one of the lenders should collapse, an official of the Internatio...
Romania’s Banks Are Taking The Brunt Of The Crisis
Bankers are having a tough time digesting the economic crisis, which is now entering its fourth year, and this is clearly shown in the results. After record profits in 2008, the peak year, o...
Only Half Of The EUR50B Loans Taken From Banks Are Paid On Time
The relaxed lending terms in the past and the decline in the customers’ incomes during the crisis are now putting pressure on the banks’ portfolios, and bankers are seeing fewer and fewer cu...
Fitch: Bank Asset Quality In Romania Remains Weak, Could Deteriorate Further
Romanian bank asset quality has continued to weaken and further deterioration without strengthening of banks' capital could result in the sector outlook turning negative, Fitch Ratings said...
Top Salaries In Romanian Banks
At the end of September, the average net salary in Romanian banks was of 3,300 lei (around EUR750) a month, down 30% on 2008 - the best year for the local banking industry.
Top Paying Banks In Romania. Find How Much Lenders Paid Their Staff In September
Banking employees continue to be the best-paid workers in Romania, earning twice as much as the average salary. According to end-of-September data, the average monthly net salary in the 40 b...
Twenty Companies Got EUR2.5B Worth Of Loans This Year
The cumulated value of the 20 largest banking loans accessed by local companies this year exceeds EUR2.5 billion after banks were much more cautious with lending in 2010, reveals an analysis...
Romania Central Bank Says Lenders Overcharge, Calls For Increased Competitiveness
The weak level of competitiveness in the Romanian banking system is allowing banks to dump some of their costs on to their customers, central bank governor Mugur Isarescu said Monday.