BANKS
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Overdue Bank Loans Of Individuals And Companies Reach EUR4.4B
Overdue payments on individual and corporate loans continued to rise and reached RON18.5 billion (EUR4.4 billion) in July, accounting for 7.4% of overall amounts due, according to data of th...
In-Bank TV Screens To Display Information Under New Regulation
Romanian banks will be required to display information on consumer rights and obligations, financial explanations as well as data provided by the National Consumer Protection Authority (ANPC...
Bankers Are Still Clinging On To Margins
Bankers are still fattening revenue from interest margins, the spread between interest rates charged for loans and those paid for deposits, despite recent messages of a fiercer battle for cl...
Most Profitable Ten Banks On The Market Post RON380m Income In H1
The banking system is still suffering after almost three years of crisis and the financial results released in mid this year show that the good times of 2005-2008, when profits had gone even...
Lending Picks Up: EUR3B In New Loans In Four Months
After two years of decline, private lending has been on the rise for the last four months, with companies borrowing most new money.
Banks Ask Clients For Even Two Days' Notice To Withdraw Over EUR5,000
Clients who want to withdraw more than EUR5,000 from their current accounts need to notify the bank at least one day ahead and in some cases they even need to go to the bank to file a writte...
BNR: Bank Payment Refusals Fall To RON420M In July
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 420.3 million lei (EUR98.6 million) in July, down 16% on the month, central bank data showed.
Banks Paid 50% Less In Profit Tax In First Half
The Romanian government collected profit tax of EUR1.2 billion from companies in the first half of the year, 4% more than in the similar period of 2010, while amounts paid by banks halved.
Banks' Adjustment To Crisis: 450 Units Closed And 5,000 People Left Since 2008
The banking system continues to slowly adapt its territorial network to the weak loan demand, particularly on the retail segment, so that 32 units were shut down in the second quarter, with...