BANKS
434 articole · RSS
Romania Will Need Plan B If Greece Exits Euro Zone
Finance ministries and central banks also work with scenarios that consider the exit of Greece from the euro zone and Romania should have a plan B for a prospective bankruptcy of Greece, in...
Dramatic Fall For Consumer Loans: 1.3 Million Contracts Erased In Crisis
Nearly 1.3 million consumer loans were removed from banks’ balance sheets without being replaced by new ones since the end of 2008, when the crisis crept in and until August this year, accor...
Bankers See August Loan Sales Down Four-Fold
Banks had a harder time finding clients to whom to lend money in the last summer month, so that the volume of loans to individuals and companies rose by just EUR140 million in August, four t...
Lending Freeze Turns Romanians Into Net Creditors Of Banks
The slow pace of lending and a higher interest in saving money turned Romanians into net creditors of banks, a position they have kept since last December. The gap between deposits and debts...
BNR: Romanian Bank Payment Refusals Rise To RON581M In August
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 581.3 million lei (EUR135.7 million) in August, up 38.6% on the month, central bank data showed Tu...
BNR Board Member: Many Non-Performing Loans Could Be Revived If Banks Really Wanted To
Foreign banks are suffocating companies and the government no longer has a powerful bank it can use to compensate business directions dictated by factors from abroad, says Nicolae Danila, fo...
Will Bankers Cut Leu Loan Costs To Counter Restrictions On Forex Loans?
For a loan of EUR40,000 or the equivalent in lei, the difference between the monthly installment on a leu-denominated and a euro-denominated loan is of around EUR85. In 30 years, clients pay...
Rosia Montana Gold Corporation To Borrow $700M For Mining Project In Romania
Rosia Montana Gold Corporation (RMGC), the company developing a gold mining project in Rosia Montana, western Romania, will borrow $700 million from an international bank consortium led by R...
BRD: Romanian Banks Lag Behind Regional Peers
Romanian banking system lags behind the ones in the Central European region, largely due to its faulty financial intermediation services, particularly in rural areas, a top executive of lend...