POPA
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Popa, BNR: Swiss-Franc Loan Exposure In Romania At Low Levels
Romania’s exposure to Swiss-franc loans is at 4.1% of total private loans, a sensibly lower ratio compared to other European countries, an official of the central bank said Thursday.
Sorin Popa Resigns From Lender BRD’s Managing Board
Sorin Popa resigned as member in the Executive Board of Romanian lender BRD - Groupe Societe Generale (BRD.RO) Monday, June 3, the bank said in a statement Tuesday.
Parent Banks Unlikely To Lower Exposure To Romania, Says Central Banker
Foreign banks are not likely to lower their exposure to Romania, as large part of the existing financing is included in the share capital of their local subsidiaries and cannot be withdrawn,...
Banks Should Focus More On Corporate Lending - BNR Deputy Gov
Romanian banks might have to shift focus from retail to corporate in order to balance out lending slowdown and grow their business, central bank’s deputy governor Cristian Popa said Wednesda...
Popa, BNR: New Forex Loan Regulations To Outdo Old Ones
Romanian central bank’s (BNR) new lending regulations are bound to be more effective than the previous measures aimed to limit foreign currency loans, because now they are part of a larger,...
Romanian Banks To Stay Resilient, Says Central Banker
The Romanian banking system will continue to be resilient in the face of new challenges, even with the materialization of the worst-case scenarios the central bank considers for its periodic...
Romanian Central Bank Sees Inflation Within Target By Year-end
Romanian central bank estimates the annual inflation rate will fall within the 2%-4% target set for the year-end and will remain at close levels throughout 2012, deputy governor Cristian Pop...
Popa, BNR: Lower Key Rate Inopportune
Romanian central bank will not lower its main interest rate over the next period, because a more relaxed policy would be inopportune at the moment, central bank’s deputy governor Cristian Po...
Popa, BNR: Stronger Swiss Franc Unlikely To Push NPLs Higher
Romanian banking sector is not likely to experience a substantial increase in non-performing loans following the leu’s depreciation against the Swiss franc, central bank deputy governor Cris...