DEPOSITS
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Banks In Romania See Loan Volumes Peter Out
End-August, banks in Romania had loans granted to individuals and companies worth 213.6 billion lei (EUR48.4 billion), the equivalent of almost RON8.5 billion below the level of the year ear...
Foreigners’ Deposits In Romania Rise On Month In July, Drop EUR260M On Year
Banks in Romania had medium and long-term deposits set by non-residents, mostly forms of support from parent banks, worth the equivalent of EUR6.42 billion in late July, EUR150 million above...
ING: High-Income Clients, The First To Seek Yields Above Interests
The decline of bank interest rates below 4% a year has hindered the appeal of deposits as a savings tool and bank clients are seeking more profitable alternatives.
Veneto Banca Bucharest Seeks To Draw EUR70M In New Deposits This Year
Veneto Banca Bucharest, the Romanian unit of Italy’s banking group Veneto Banca, expects it will attract around EUR70 million in new deposits this year, the bank’s outgoing general manager P...
Loan-To-Deposit Ratio Down To 102% In March
Loans were only 2% higher than the deposits of consumers and companies at the end of March, so banks are close to balance the loan to deposit ratio, meaning the lending will be funded entire...
Foreign Banks’ Deposits Stable At EUR6.5B In February-March
Foreigners’ medium and long-term deposits at domestic banks, particularly forms of support from parent banks, stabilized during the February-March period at around EUR6.5 billion, signaling...
Deposits Guaranteed By Bank Deposit Guarantee Fund Reached RON159.2B End-March
The total value of bank deposits guaranteed by the Bank Deposit Guarantee Fund (FGDB) stood at 159.2 billion lei (EUR35.6 billion) at the end of March 2014, which translates into a 1.4% quar...
Long-Term Deposits Up 30% In One Year
Individual depositors had 10.7 billion lei (EUR2.4 billion) savings kept in deposits maturing in more than a year at the end of January, a 30% increase on the year-ago period, according to R...
Deposits Rose At Faster Clip In Late 2013
Corporations and households in Romania held leu-denominated deposits worth 169 billion lei (EUR37 billion) at the end of last year, up by RON14 billion against September 2013, according to d...