BANKS
434 articole · RSS
Greek Banks Take Out EUR0.65B From Market In 2Q, French Banks Add EUR4.7B
Greek banks continued to reduce their exposure to Romania in the second quarter of this year, while French and Austrian banks increased their financing, according to data published by the Ba...
Romania Needs New Vienna Agreement To Prevent Banks From Taking Money Out
Threatened by a new wave of recession, Romania is faced with the real danger of foreign banks halting financing; the leaders of the euro zone should find a solution resembling the former Vie...
Banks Caught Off-Guard By International Turmoil As Loans Exceed Deposits
Turmoil on the international financial market has caught local banks off-guard, after they grew too reliant on funding from parent banks and as such let the imbalance between loans granted a...
European Banks Exposure To Romania Rises 22% To $118B In 1H
European banks’ exposure to Romania rose 22% to $117.7 billion at the end of June, from $96.4 billion in the year-earlier period, data from the Bank for International Settlements showed Thur...
BNR: Bank Payment Refusals Fall To RON443M In September
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 443 million lei (EUR102.3 million) in September, down 23.7% on the month, central bank data showed...
Alico Romania: Bancassurance May Help Banks Eliminate Deposit-Loan Fluctuations
Lenders in Romania should focus more on bancassurance, that may generate additional revenues and eliminate deposit-loan fluctuations, Theodor Alexandrescu, general manager of Alico Asigurari...
Companies Move Money To Foreign Bank Branches
Companies increased their deposits in foreign currency held in foreign bank branches by the equivalent of 2.8 billion lei (some EUR660 million) in the third quarter, while the institutions o...
In The Rush For Cash Banks Would Pay Just Anything To Get It
Inflation continued to decline fast in the last few months, going below 4%, yet many banks continue to pay over 7% yearly interests to keep their clients and compensate for the lesser suppor...
UniCredit: Romanian Banking Profitability To Continue Decline
Romanian banking profitability is likely to continue its decline through 2011, due to increasingly high costs, while the small, less specialized banks could even shut their doors, the head o...