ING
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Bitu, ING: We’re Pursuing Organic Growth
ING Bank intends to continue its organic development strategy over the coming period, since growth drivers still exist, but does not rule out potential acquisitions or consolidation opportun...
ING: Nearly 75% Of Romanians Would Take Money Out Of Savings Accounts If Interests Turned Negative
Nearly three quarters of Romanians said they would take money out of their savings accounts if interest rates went negative, of which over 17% would switch into alternative assets (such as t...
Romanians Mull Spending Most On Christmas Gifts Among Europeans In Relation To Net Income
Romanians plan to spend EUR110 on Christmas gifts in 2015, namely 32% of monthly net earnings, ranking first in Europe by spending relative to net income, although Brits plan to spend the mo...
ING Cuts Romania's Inflation Forecast For 2015 And 2016
ING cut its forecast on the inflation rate in Romania to -0.7% from -0.5% in 2015, and also revised its forecast to 1.2% from 1.4% for end-2016 and to 2.7% from 2.1% end-2017, mainly on the...
ING: Romania Unable To Secure New IMF Agreement Ahead Of Next Year’s Elections
Romania will not be able to secure a new agreement with the International Monetary Fund (IMF) ahead of the elections in 2016, as planned by authorities, given the poor track record of review...
ING: Political Noise, Such As PM Indictment, Has Low Impact On Romanian Leu
Political events, such as the indictment of the Romanian Prime Minister as part of a corruption probe, have barely impacted the leu, which traded close to the lower boundary of the central b...
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...
Romania’s Planned Cut In Interbank Fees To Impact ING’s Retail Revenue By 5%
Romania’s planned cut in interbank fees, as of the end of 2015, will affect ING Bank’s revenues on the retail segment by 5%, but this situation will be offset by additional growth, by attrac...
ING Appoints Mariana Gheorghe On Supervisory Board
OMV Petrom CEO Mariana Gheorghe has been appointed on the supervisory board of Dutch financial group ING, Petrom announced Wednesday.