BANKS
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Top Ten Romanian Banks After 1H
The banking system is still digesting the fallout of the crisis almost three years after it started and the largest ten banks, which control almost 80% of the overall banking assets, are see...
Romanian Government Replaces Banks As Short-Term External Debt Driver
The Romanian government doubled its short-term external debt in the first half of the year to over EUR3 billion, triple compared to last summer, while banks’ indebtedness rose by just EUR360...
SocGen, UniCredit And CaixaBank Provide EUR50M Loan For Romanian Wind Farms
French bank Societe Generale, alongside Italy’s UniCredit and Spanish CaixaBank will provide a syndicated loan worth EUR50 million to co-finance the construction of two wind farms in Romania...
One Third Of Romanians Have No Confidence In Banks
After around 10 years during which one could speak about retail banking in Romania, the banking industry, populated by dozens of lending institutions, is finding out the market has not gone...
Analysts Say Listed Banks Are Showing Signs Of Recovery
Analysts say there are signs of recovery in the results of listed banks, but have mixed opinions as to the growth potential of their shares, with some deeming them quite expensive.
Bankers Raise Leu Consumer Loan Rates Again
Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The ex...
Basescu: Domestic Banking Sector Is Well-Capitalized
Romanian President Traian Basescu said Sunday, after the meeting with the IMF, European Commission and World Bank delegation, that the domestic banking sector is well-capitalized, but attent...
One Fifth Of Loans In Bistrita And Galati Are Overdue
Almost one fifth of loans taken out by individuals and by companies in counties such as Bistrita, Galati and Ialomita are overdue, double the national average.
Bank Payment Refusals Fall To RON501M In June
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 500.9 million lei (EUR117.7 million) in June, down 0.5% on the month, central bank data showed Mon...