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GHETEA

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Finance Ministry Replaces CEC Bank Board
Banks-Insurance

Finance Ministry Replaces CEC Bank Board

Romania's finance ministry has appointed Valentin Mavrodin, head of the state Treasury, as board chairman of state-owned CEC Bank, replacing Radu Ghetea, who was the bank's CEO and board chairman for the past 12 years.

Oana Gavrila · 13.05.2019 · 17:43 · 1 min
Ghetea, CEC Bank: Bank-Client Relation, The Weak Point Of The Banking System
Banks-Insurance · ZF Bankers Summit ’15

Ghetea, CEC Bank: Bank-Client Relation, The Weak Point Of The Banking System

The bank-client relation is the weakest point in the Romanian and regional banking systems, thus, this should be fixed as soon as possible for the local economy to benefit from lending oppor...

Gabriela Stan · 08.06.2015 · 12:56 · 1 min
Ghetea: Most Difficult Moment Of My Career Was Announcing Romania’s Default
Banks-Insurance

Ghetea: Most Difficult Moment Of My Career Was Announcing Romania’s Default

Radu Gratian Ghetea, who is due to retire from his position as CEC Bank president after eight years, says the most difficult moment of his entire 43-year career in the banking sector was the...

Loredana Frățilă-Cristescu · 18.05.2015 · 09:52 · 2 min
CEC Bank To Undergo Asset Quality Review As Of June 18
Banks-Insurance

CEC Bank To Undergo Asset Quality Review As Of June 18

Romanian CEC bank’s chief Radu Ghetea said Tuesday that his institution will undergo an asset quality assessment based on the European methodology in view of joining the Single Supervisory M...

Florentina Dragu · 17.06.2014 · 13:30 · 1 min
CEC Bank Head: Cleaning Up Romania’s Banking System, A Necessary Evil
Banks-Insurance

CEC Bank Head: Cleaning Up Romania’s Banking System, A Necessary Evil

Getting rid of bad loans is a “necessary evil”, but bankers are not too enthusiastic to stack up new provisions for overdue loans to clean up their balance sheets, the head of the Romanian B...

Florentina Dragu · 10.06.2014 · 12:10 · 2 min
Romanian Banking Association: Deposit Rates To Go Negative
Banks-Insurance

Romanian Banking Association: Deposit Rates To Go Negative

Interest rates on corporate loans in Romania will continue their decline started in the recent months, albeit at a slower pace, while the already-low deposit rates could go negative, the pre...

Florentina Dragu · 12.05.2014 · 14:42 · 1 min
CEC Bank Head Says Finance Ministry Will Decide His Future
Banks-Insurance

CEC Bank Head Says Finance Ministry Will Decide His Future

Romanian CEC Bank’s chief executive Radu Ghetea on Tuesday declined to comment about his possible replacement and said his future is in the hands of the Finance Ministry, the sole shareholde...

Florentina Dragu · 06.05.2014 · 15:11 · 1 min
Ghetea, CEC Bank: Level Of NPLs In Agriculture Is Very Low
Social/Politics

Ghetea, CEC Bank: Level Of NPLs In Agriculture Is Very Low

The level of non-performing loans (NPLs) in the agricultural sector is very low, Radu Gratian Ghetea, head of Romanian state-run lender CEC Bank said Tuesday.

Ecaterina Craciun · 15.04.2014 · 13:22 · 1 min
Ghetea: Household Lending In Romania Currently Risky
Banks-Insurance · ZF BANKERS SUMMIT '13

Ghetea: Household Lending In Romania Currently Risky

Household lending in Romania is highly risky at the moment as financing requests generally come from people in dire straits, CEC Bank president Radu Ghetea said Wednesday at ZF Bankers Summi...

Ioana Tudor · 12.06.2013 · 15:03 · 1 min