BANKS
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Bankers On BNR's New Restrictions: We Need Low Interests On Leu Loans, Not Regulations
The current anomalies of the retail lending market have been generated by regulations imposed by the National Bank of Romania, or BNR, at some point, as solutions to certain situations, but...
BNR: Bank Payment Refusals Rise To RON504M In May
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 503.6 million lei (EUR119 million) in May, up 7.15% on the month, central bank data showed Monday.
Foreign Currency Borrowers - From Yesterday's Dream To Today's Nightmare
Clients with high incomes, wooed by bankers during the boom years with high foreign currency loans and installments as high as three quarters of their salaries at times, are now giving banke...
Greek Banks Invested Over EUR1B In Romanian Real Estate
The Greek banks on the local market--Bancpost, Alpha, Piraeus and Banca Romaneasca--have fed at least EUR1 billion into some of the most important real state projects carried out in Romania...
Banks Extend Promotional Lending Offers Over Summer
Banks are toughening the fight over loan refinancing, the only segment that seems to have a growth potential amid lingering market uncertainty. Back in the spring, however, they said this “w...
BCR: Banks Need To Go Deeper Into Personalized Pricing To Revive Retail Line
Competition on the retail segment is tightening as consumer sentiment improves and banks need to better divide their clients into segments and slash costs to be able to gain new business, be...
“First Home” Remains An Option Only For Clients Who Cannot Afford A Higher Down Payment
“First Home” state-guaranteed mortgage loans remain an option only for clients who cannot afford to pay a 10% or 15% down-payment on the value of the purchase, since there is almost no price...
May Volatility Fails To Revive Forex Market Transactions
The forex market did not go much past the EUR35 billion level in traded volume in May either, after the market had hovered around this value in the past four months, despite the higher leu v...
Greek-Owned Banks Are Solid - BNR Deputy Governor
Romanian banks with Greek shareholders are solid and they can cope with the Greek crisis, which makes them attractive for investors, but the parent companies aren’t showing any intention to...