BANKS
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Past Due Loans Up To 15% In Economically Weak Counties
A rising number of clients are having trouble repaying their loans, so that overdue installments have already climbed to 14-15% of overall funding released by banks in less economically deve...
BNR Supervisory Head Says No Withdrawals From Greek Banks
Greek banks, which control 17% of Romanian banking assets, have not withdrawn financing lines from local subsidiaries ahead of time so far, central bank officials said.
Promotional Offers Fail To Thaw Consumer Loans In April
The wave of promotional offers for consumer loans that bankers brought to the market this spring has failed to persuade clients to borrow more, with sales continuing to be below the volume o...
Bankers Teach Clients To Borrow In Lei By Making FX Loans More Expensive
Bankers have radically changed consumer loan prices after the shock of the leu depreciation of 2008-2009, which reminded them the foreign-exchange risk is not just in books, and at present l...
Banks Slow Down Restructuring Process
Expecting the economy to recover, bankers have slowed down even more the restructuring of their territorial networks and number of employees, while the average salary reported by the central...
BNR: Bank Payment Refusals Hit 32-Month Low In April
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 470 million lei (EUR114.8 million) in April, the lowest level since September 2008, central bank d...
Basescu: No Further Bank Taxes In Sight
Romanian President Traian Basescu Thursday said the government doesn’t plan to increase banking taxes.
Banks Continue To Borrow From Foreign Sources, But Shift To Long Maturities
Banks continued to borrow from abroad in the first quarter, as the savings capacity of local companies and households is diminishing, but the trend is to switch from shorter maturities to lo...
Nobody Knows Exactly When First Home Will Resume
The time when the "First Home" scheme will be resumed, with the state only guaranteeing for 50% of the amount granted as part of the mortgage loan scheme, is still unknown even after the Fin...