ING BANK
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Negritoiu, ING: Level Of Non-Performing Loans In Romania Too High
The level of non-performing loans in Romania, which hit 16% of total lending, is very high considering the low degree of indebtedness, ING Bank Romania manager Misu Negritoiu said Thursday a...
ING Romania Implements Two-Tier Board Structure, With Misu Negritoiu As Chairman
ING Bank Romania, the local unit of Dutch-registered ING Bank NV, will move from a single-tier board structure to a two-tier one starting with this fall, when the bank’s chief officer Misu N...
ING Bank Romania 1Q Pretax Profit Up 36% To RON65M
ING Bank Romania posted a pretax profit of 65 million lei (EUR14.6 million) in the first quarter, up 36% on the year, fueled by a 20% increase in assets, the bank said Friday.
ING: Romanian Central Bank Lombard Lending At RON14.5B In April
Romanian lenders borrowed 14.5 billion lei (EUR3.3 billion) from the central bank through the Lombard facility in April at above-market interest rates, which could indicate a significant liq...
ING Bank Romania Pretax Profit Rises To RON161M In 2011
ING Bank Romania Wednesday said its pretax profit rose 26% to 161 million lei (EUR36.9 million) in 2011, from RON128 million a year earlier.
Ropharma Borrows EUR2M To Finance Investments
Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) will borrow up to EUR2 million from ING Bank to finance investments, the company said in a statement Monday.
ING Bank Appointed New Depositary Of Proprietatea Fund
Romanian investment fund Fondul Proprietatea (FP.RO) Thursday said it has appointed ING Bank Bucharest as new depositary of its 16 billion lei (EUR3.75 billion) worth of assets, following a...
ING Aims To Boost Assets By 25% In First Year After Recession
ING Bank, the tenth largest bank on the market in 2010, increased its assets by 10% in the first five months of this year and plans to have the full-year increase reach 25%.
Isarescu: Who Had Cash To Buy 1 Bln Euros?
Governor Mugur Isarescu questioned the accuracy of ING Bank’s calculations which indicate the central bank has sold EUR1 billion in May to keep the exchange rate stable.