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Banks And Energy Companies See Biggest Loss In Market Value
Companies

Banks And Energy Companies See Biggest Loss In Market Value

The ranking of companies with the biggest losses of value in crisis is topped by players in the banking and energy sector, according to the “Top 100 most valuable companies in Romania” yearb...

Andreea Neferu · 12.12.2011 · 00:00 · 3 min
Banking System Restructuring Not As Thorough As BNR Expected
Banks-Insurance

Banking System Restructuring Not As Thorough As BNR Expected

The head of the National Bank of Romania’s supervisory department, Nicolae Cinteza, made his harshest statements about banks since the onset of the crisis three years ago, saying that with t...

Claudia Medrega · 12.12.2011 · 00:00 · 2 min
Banks-Insurance

Romanian Central Bank To Advise Lenders To Ease Loan Restructuring

The Romanian central bank (BNR) will recommend lenders to relax loan restructuring conditions for clients that face problems but pay their installments at least partially, said Saturday Nico...

Ioana Tudor · 10.12.2011 · 15:32 · 1 min
Cinteza, BNR: Romanian Banks To Post Loss In 2011
Banks-Insurance

Cinteza, BNR: Romanian Banks To Post Loss In 2011

Romanian banks will register loss this year due to higher non-performing loans, which will trigger negative results in the last quarter, said Saturday Nicolae Cinteza, head of the central ba...

Ioana Tudor · 10.12.2011 · 14:52 · 1 min
Gainers And Losers Of The Romanian Banking System
Banks-Insurance

Gainers And Losers Of The Romanian Banking System

The ranking of Romanian banks at the end of September indicates a few changes in the top 10 by assets, but the banks’ balance sheets, the quality of loans and of clients, and the daily activ...

Cristian Hostiuc · 09.12.2011 · 00:00 · 4 min
Lending Demand Triples In October
Banks-Insurance

Lending Demand Triples In October

Loan demand rebounded spectacularly in October, with the number of credit reports issued by the Central Credit Register (CRB) of the BNR almost tripling against preceding months, to 305,000...

Loredana Frățilă-Cristescu · 07.12.2011 · 00:00 · 1 min
BNR Calls Austrians To Check Their Lending Plans In The Region
Banks-Insurance

BNR Calls Austrians To Check Their Lending Plans In The Region

The Austrian authorities have to clarify the lending terms they will introduce for the large Austrian-held banks in Romania.

Loredana Frățilă-Cristescu · 07.12.2011 · 00:00 · 2 min
Bankers Scramble For Company Savings: Euro Deposit Rates Near 4%
Banks-Insurance

Bankers Scramble For Company Savings: Euro Deposit Rates Near 4%

In a bid to compensate for the loss of support from parent banks, local bankers try to attract as many resources as possible from companies, paying interest of up to 4% on euro deposits.

Daniela Stoican · 07.12.2011 · 00:00 · 2 min
Banks Raise Lending Prices To Keep Profit Margin
Banks-Insurance

Banks Raise Lending Prices To Keep Profit Margin

Loans have become more expensive in the last few months after Romanian banks had steadily cut interest rates in the first half of the year, both for loans and for deposits.

Daniela Stoican · 05.12.2011 · 00:00 · 2 min