DEPOSITS
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Long-term Deposits Go Beyond RON10B Mark
Long-term deposits have come to account for 10% in households’ total time deposits after bankers promoted these products more aggressively during crisis years.
Isarescu: Banks Aggresively Cut Short-term Deposits Rates, But Kept "Attractive" Long-term Interests
Romanian banks have cut the interest rates for short-term deposits, but the rates for longer term savings are still attractive compared with the ones offered on the international markets, ce...
Romanians Invest RON3B In Mutual Funds, Twice As Much As Last Year
Mutual funds attracted 3 billion lei from investors in the first 11 months of this year, a record-high amount which is double the inflow recorded in 2012.This comes as people sought more pro...
Deposit Outflows Bring Record High Inflows For Mutual Funds In November
Mutual funds in Romania ended November with record-high net inflows of 777.8 million lei (EUR174 million), the largest monthly amount ever attracted on this market.
Non-Residents Withdrew EUR1B From Romanian Banks In January-August
Non-residents, mostly banking groups, had EUR6.7 billion in medium and long-term deposits in banks in Romania at the end of August, about EUR1 billion less than in December 2012, according t...
Foreign Banks Withdrew Deposits Worth EUR1.7B From Romania Over Past Two Years
Non-resident bank deposits in Romania decreased to EUR6.9 billion in May, a record low since 2009, mirroring the reduction of foreign banks’ exposure to the Eastern European country.
NBG Withdrew About RON1B Of Its Deposits At Banca Romaneasca In 2012
National Bank of Greece (NBG), which owned some 99.3% of Romanian lender Banca Romaneasca at the end of 2012, withdrew about 1 billion lei (EUR0.226 billion) of deposits at its local subsidi...
ZF Bankers Summit’13: Bank Of Cyprus Crisis As Seen By The Head Of Marfin Bank
How has Marfin Bank managed to deal with the pressure of the deposit withdrawals caused by the Cypriot crisis and how has it overcome the delicate period that followed the takeover of deposi...
Deposits At Foreign Banks Dwindled In 1Q In Romania Amid Cyprus Crisis Woes
Deposits in local branches of foreign banks have declined in the first quarter of the year to 6.49% from 6.76%, as people pulled their money following the crisis triggered mid-March in Cypru...