PARENT BANKS
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The Five Parent Banks That Failed Stress Tests Have EUR9B Worth Of Loans In Romania
Only a quarter of the European banks present in Romania failed the stress tests and the central bank says the local subsidiaries are in a comfortable position.
Parent Banks Took Out EUR7B From Romania In 2 Years
Parent banks last year withdrew 70% of funding with maturity of less than one year granted to domestic subsidiaries, namely EUR3.3 billion, marking a speeding up of the deleveraging process.
BNR: Parent Banks Withdrew EUR5B In Eighteen Months
The deleveraging process of foreign banks in Romania is not done yet and will become even worse because parent banks are asking for their money back, says Nicolae Cinteza, head of the Superv...
Parent Banks Cut Exposure To Romania By 8% Since March 2009
The parent banks of the Romania’s largest nine lenders have reduced their exposure to the country by 8% since March 2009, central bank deputy governor Cristian Popa said Thursday.
Isarescu Says No Regrets Over Flexible Deal With Parent Banks
Romania’s flexible agreement with the parent banks of the top nine local lenders could pose some risks pertaining to capital levels, but the central bank has the means to monitor as well as...