BANKS
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Banks Fill BNR's Accounts Instead of Seeking Clients To Lend To
Bankers prefer to place their money at the central bank BNR at an interest of just 2.25% a year on leu-denominated deposits, while not taking any chances on the real economy.
First Home 4 Start Delayed: Government Has Yet To Publish Framework Agreement
The "First Home" scheme is officially frozen, as banks have exhausted the EUR200-million sum earmarked at the start of the year and the fourth stage cannot start since the protocol of co-ope...
Bankers Reluctant to Lower Profit Margins
Bankers' messages of intensifying their battle to attract clients are still very little reflected in interest margins - the spreads between interests charged by banks on loans and those paid...
Two Years After Start of “First Home” Scheme: Has It Achieved Its Purpose?
The scheme started by the government nearly two years ago in order to revive the construction sector and the economy has turned into a social one that has supported banks, put an end to the...
Greek and Dutch Banks Withdrew EUR3 Billion from Romania In 2010
The exposures of Greek and Dutch banks to Romania fell by nearly EUR3 billion last year compared with 2009, according to data published by the Bank of International Settlements (BIS).
Romania’s Banking System Returns To RON373M Profit In 1Q
Romania’s banking system returned to a 373 million lei (EUR90.7 million) profit in the first quarter this year, after concluding 2010 with the first instance of annual loss seen in the past...
Fighting to Attract Customers, Bankers Become More Tolerant Towards Late Payers
Customers with overdue payments the past year, but who later paid their dues, now find it easier to get a new loan than in the past because, in their search for new customers, bankers have b...
BNR: Bank Payment Refusals Rise To RON614.5M In March
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 614.5 million lei (EUR150.2 million) in March, up 15.3% on the month, central bank data showed Thu...
Ghetea: Romanian Banks “Warming Up” For Lending Restart
Romanian banking system is going through a “warm-up” period, when the lenders provide mostly refinancing services, but the situation must change so that private lending can recover, the head...