BANKS
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Butucaru, PwC Romania Partner: Asset Quality Of Banks In Romania Assets Has Improved Over Past Years
The quality of assets of banks in Romania has improved over the last years as a result of removing from the balance sheet of the sales of non-performing loans (NPLs) as well, PwC Romania Par...
Stanimir, BCR: If A Bank Is Not Ready For A Certain Sector, It Must Invest In Partners That Are Ready
Banks should be open to innovation and have the necessary appetite to assess the potential of other industries and to achieve, one way or another, the necessary training, stated Ionut Stanim...
Isarescu: Numbers Don’t Show Romania’s Banking System Is The Most Profitable
Romanian central bank governor Mugur Isarescu on Monday said the profits of banks in Romania are not as big as they are publicly presented or higher than the profits of banks operating in ot...
New Bank Tax Prompts BCR to Revise All Investment Plans, CEO Says
Romanian lender Banca Comerciala Romana (BCR), majority owned by Austrian Erste Group, is reconsidering all its investment plans due to the new tax on bank assets, CEO Sergiu Manea said at a...
Competition Council Backs Loan Refinancing With Different Bank Than The One Granting The Loan
The Competition Council’s sectorial inquiry into the retail banking services market shows people who wish to refinance loans with different banks than the ones granting the loans face diffic...
Three-Month Money Market Rate Flat At 3.27% For Third Consecutive Day
The 3-month money market interest rate used to calculate interests for consumer loans in lei stayed put at 3.27% a year on Tuesday, for the third consecutive day, central bank data show.
Three-Month Money Market Rate Flat At 3.27%
The 3-month money market interest rate used to calculate interests for consumer loans in lei stayed put at 3.27% a year on Monday, the same level registered on Friday, central bank data show...
Overall Turnover Of Firms And Banks In Romania Overshoots RON1,300B Mark In 2017, For First Time
The overall turnover of companies and banks in Romania has been growing over the last four years and in 2017, it overshot the RON1,300 billion mark for the first time, the best result ever r...
Romanian Banking System Posts Record Profit In 1Q/2018, Of Over RON1.7B
The Romanian banking system reported a net profit of nearly RON1.77 billion and the assets peaked to RON431.7 billion in the first quarter of 2018, driven by a rise in lending, according to...