DEPOSITS
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80% Of Romania Savings Deposited In Ten Banks
The top ten banks by the volume of deposits held 80% of individuals’ and companies’ savings, with the cumulated value of resources attracted at 173 billion lei (EUR39 billion).
Greek, Cypriot Banks Continue To Offer Highest Interests On Deposits
Despite the scandal surrounding the suspension of the activity at the Bank of Cyprus for almost a month and despite talks on the risk of putting money in deposits at high interest rates, Gre...
Marfin Bank Romania Takes Over Deposits, Assets Of Bank Of Cyprus Romanian Unit
Marfin Bank Romania has taken over deposits of EUR77 million and gross assets of EUR82 million from the Romanian unit of Bank of Cyprus, the two lenders announced Friday.
Bank of Cyprus Romania Transfers Deposits To Marfin Bank
The Cypriot central bank Thursday authorized the transfer of Bank of Cyprus’ deposits in Romania to Marfin Bank, the local unit of Cyprus Popular Bank.
BNR: Bank Of Cyprus Problem Solved, Deposits To Be Transferred Under Romanian Authority
Deposits of the Romanian branch of Bank of Cyprus will be transferred under the local banking law and will be guaranteed by the Romanian Guarantee Fund, Adrian Vasilescu, adviser to central...
Volksbank Romania Willing To Pay Higher Interests On Deposits To Attract Customers
Volksbank Romania, the local unit of Austria’s Volksbank AG, plans to keep the interest rate on savings products above the market average to balance the loan to deposit ratio and increase th...
BCR: 18% Of Clients Save Money In One-Year Deposits
Romania’s largest lender Banca Comerciala Romana (BCR) said Thursday 18% of its clients have deposit terms of one year or more, from 15% a year ago.
Romanian Bank Files Non-Binding Bid For Local Unit Of Bank Of Cyprus
A Romanian bank has filed a non-binding offer to take over the local subsidiary of Bank of Cyprus, and a decision regarding the matter is the responsibility of Cyprus authorities alone, the...
Romanian Savers Split Up Deposits, Isarescu Says
Romanian central bank governor Mugur Isarescu Thursday said households have started to split up their bank deposits amid concern over the situation in Cyprus.