FOREIGN BANKS
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Major Foreign Banks Cut Exposure To Romania By 20% In 5 Years
The foreign banks that participated in the Vienna Initiative and that hold around two thirds of the Romanian banking system's assets narrowed their exposure to local subsidiaries by 20% between March 2009 and March 2014, but the deleveraging process was ordere...
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...
Foreign Banks' Exposure To Romania Fell To $46.4B In 1Q
Foreign banks cut their exposure to Romania by more than $3.3 billion to $46.44 billion in the first quarter of 2013, data from the Bank for International Settlements showed.
BNR Turns Into Surrogate Parent For Foreign-Held Romanian Banks
For the first time ever, Romania’s central bank (BNR) says financing of foreign-held banks by their parent banks is uncertain and therefore finds it has to lend them money itself.
European Banks 2011 Exposure To Romania Falls 5.7% To $108.8B
European banks’ exposure to Romania fell 5.7% to $102.5 billion in 2011, from $108.8 a year earlier, data from the Bank for International Settlements showed.
Raiffeisen Bank Official: Foreign Banks Won’t Leave Romania Despite Crisis
Foreign banks will not exit the Romanian market no matter how big problems in the euro zone are, Raiffeisen Bank president Steven van Groeningen said in an interview broadcast Sunday on priv...