ING BANK
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ING Bank Sees Romania’s GDP Growth At 4.1%, Inflation At 1.1% In 2017
Romania’s economy is expected to grow 4.1% in 2017, inflation is seen at 1.1%, while the Romanian leu could strengthen versus the euro, according to ING Global Economic Forecasts.
ING Bank CEO On Debt Discharge Law: It’s Very Dangerous That Those Things Can Happen
The debt discharge law has triggered a state of incertitude on the market and it is very dangerous that those things can happen, Michal Szczurek, ING Bank Romania CEO, stated Wednesday.
ING Bank Hikes Down Payment For First Home Loans On Lower State Guarantees For Old Homes
ING Bank decided to increase the down payment required on mortgage loans contracted through government-guaranteed mortgage lending First Home program from 5% to 10% due to the decrease of th...
ING Revises Up Romania’s 2016 GDP Growth Forecast To 5.2%
ING Bank has revised Romania’s GDP growth forecast for 2016 from 4.2% to 5.2% following a better-than-expected first six months on strong domestic demand and investment momentum, the bank sa...
ING Bank Raises Required Down Payment On Mortgage Loans
ING Bank has raised the down payment required on mortgage loans in lei from 15% to 25%, two days after the implementation of the law on debt discharge.
ING Bank Gross Profit Up 22% To RON392M In 2015
Romanian lender ING Bank posted a gross profit of RON392 million in 2015, up 22% on the year, while its revenues increased 13% to RON1.02 billion, the lender said Wednesday.
ING Bank Profit Rises 9% in Jan-Sept, to RON251M
Romanian lender ING Bank posted a net profit of RON251 million in January-September, up 9% compared with the same period last year, and its revenues increased 12%, to RON748 million, the len...
ING Bank Romania Posts 6% Lower Net Profit In 1H
ING Bank Romania reported a 6% lower net profit for the first six months, while both its loan portfolio and attracted deposits posted significant gains, the lender said in a statement Wednes...
Bogdan Boteanu, ING Bank: SMEs More Interested In Investment Loans
Romania’s small and medium sized companies, SMEs, became more interested in loans for investments so far in 2015, on the backdrop of an economic growth and the cut of interest margins, accor...