GHETEA
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CEC Bank Interested in Buying Corporate Loan Portfolios
Romanian state-owned lender CEC Bank is interested in taking over credit portfolios sold by other institutions as the market share is important for a bank.
Romania Banking System To Remain Unscathed If Greece Decides To Sell Subsidiaries
A possible decision from Greek banks to sell their Romanian subsidiaries would have no negative effects on the local banking system, the head of Romanian Banking Association said Monday.
Ghetea: Romania Bank Lending Likely To Revive In 3Q
A steady economic growth could prompt bankers to resume lending as of this fall, the head of the Romanian Banking Association said Tuesday.
Ghetea: Restructuring Of Romanian Banking System To Continue In 2013
The restructuring of the Romanian banking system has just started and will continue in 2013, Radu Ghetea, president of Romanian banks association ARB and of CEC Bank, said Wednesday.
Ghetea: Profitable Lenders In Romania Won’t Leave Market, Greek Banks Included
Foreign banks in Romania that are well positioned on the market and gained good profits, including Greek lenders, will not leave the country, CEC Bank president Radu Ghetea said Wednesday at...
Radu Ghetea Reconfirmed As Head Of Romanian Banking Association
The Romanian Banking Association confirmed president Radu Ghetea for a fifth consecutive three-year term, the association said in a statement Thursday.
ARB Head: Banks To Lower Interest Rates On Leu-Denominated Facilities In 2012
Romanian banks are likely to reduce interest rates on both deposits and loans in local currency in 2012, the head of the country’s banks association ARB said Tuesday.
CEC Bank: A Quarter Of Restructured Loans Gone Bad Again
Romanian state-run lender CEC Bank Thursday said 25% of the distressed loans modified to give the companies more time to recover have gone bad again after three months.
Romanian Banks Have Foreclosure Difficulties - Association Head
Romanian banks are having an increasingly hard time unloading properties at foreclosure auctions and they need to come up with a plan to avoid further defaults from their clients, the head o...