DEPOSITS
128 articole · RSS
Bank Deposits Increased By Nearly EUR10B Since Start Of Crisis
Romanian household and corporate bank deposits were up by 42.35 billion lei (EUR9.9 billion) since the start of the economic crisis as the balance of bank deposits has increased by 27.9% sin...
How Many Mutual Funds Yielded Higher Gains Than Bank Deposits
About 30 of the 63 mutual funds on the local market managed to beat bank deposit interests in the first half, which stood at 3.25% a year, even though many of the funds that posted lower yie...
Greek Banks Manage To Draw In New Deposits Of EUR37M In 1Q
The calming of tensions over the Greek debt crisis in the first quarter of the year allowed Greek banks to retain their stocks of deposits.
Deposit Withdrawn From Greek-Held Banks Go To Major Local Banks
Greek banks were unable to retain their customers worried about the potential spillover of the crisis abroad and lost more than EUR900 million in deposits last year, while banks with large n...
Romanians Get A Taste For Long-Term Savings
Romanians’ appetite for long-term savings has increased spectacularly lately thanks to the more generous offers from banks attempting to balance their portfolios.
Deposit Interest Rates In Lei And Euro Tend To Even Out
Local banks’ hunger for euros combined with the cash injections of the Romanian central bank (BNR) have led to a spectacular situation on the banking market: interest rates on euro deposits...
Swiss Franc Deposits Generate 70% Yield During Crisis
Deposits in Swiss francs generated gains of almost 70% for the customers who bet on this currency in 2008, when a franc was traded for an all-time low of 2.2 lei, but bankers say few custome...
Isarescu Warns Lenders High Deposit Rates May Backfire
Romanian central bank governor Mugur Isarescu Tuesday warned commercial lenders that their policy to increase interest rates on deposit facilities in a move to reduce their dependency on for...
Romanians Put Aside EUR5B During Crisis
Deposits at Romanian banks climbed by almost EUR10 billion in the past three years, as customers adjusted their financial behavior to the economic crisis.