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Mutual Funds With Risk Appetite Gained Even As Much As 35% In Euros In Three Months
Capital Market

Mutual Funds With Risk Appetite Gained Even As Much As 35% In Euros In Three Months

The bet on Swiss franc growth and investments on the Austrian bourse were the strategies that brought the biggest gains to mutual funds in Romania in the first quarter, of as much as 34.6% i...

Catalina Apostoiu · 14.04.2015 · 00:00 · 2 min
Half Of Romanians Trust Only Big Banks, One Third Keep Savings At Home: Survey
Banks-Insurance

Half Of Romanians Trust Only Big Banks, One Third Keep Savings At Home: Survey

Half of the Romanians trust only big banks, one third prefer to keep their savings at home, (from 25% in 2006) due to the lack of confidence, low interests and high commissions, while the in...

Gabriela Stan · 02.06.2014 · 14:15 · 1 min
DTZ: Companies Can Save 30% By Adjusting Workplace Density
Real Estate

DTZ: Companies Can Save 30% By Adjusting Workplace Density

Companies renting office space can save up to 30% on costs by re-examining the amount of space allocated to each employee, as wityh the evolution of technologies there are companies where fe...

Oana Gavrila · 03.12.2013 · 12:23 · 2 min
BCR BpL Loan Portfolio Doubles To RON100M This Year
Banks-Insurance

BCR BpL Loan Portfolio Doubles To RON100M This Year

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) has provided financing of over 100 million lei (EUR22.5 million) this year, double on the year, through 1,500 contracts.

Ioana Tudor · 07.11.2013 · 13:02 · 1 min
Deposits At Foreign Banks Dwindled In 1Q In Romania Amid Cyprus Crisis Woes
Banks-Insurance

Deposits At Foreign Banks Dwindled In 1Q In Romania Amid Cyprus Crisis Woes

Deposits in local branches of foreign banks have declined in the first quarter of the year to 6.49% from 6.76%, as people pulled their money following the crisis triggered mid-March in Cypru...

Oana Gavrila · 31.05.2013 · 13:06 · 1 min
Romanian Banks May Be Required To Specify Who Guarantees Savings Deposits
Banks-Insurance

Romanian Banks May Be Required To Specify Who Guarantees Savings Deposits

Romanian banks will be required to specify in their savings account offers the entity that guarantees the deposits to avoid any possible misunderstanding, central bank governor Mugur Isaresc...

Ioana Tudor · 28.03.2013 · 19:52 · 1 min
Volksbank: Romanians Are Starting To Save More
Banks-Insurance

Volksbank: Romanians Are Starting To Save More

Uncertainty about the economy and the lingering financial crisis have pushed many Romanians to save more despite the low interests, Volksbank Romania’s vice-president Lucian Cojocaru said Fr...

Florentina Dragu · 15.03.2013 · 13:23 · 1 min
Romania Could Save Up To EUR7B By Improving Energy Efficiency
Energy

Romania Could Save Up To EUR7B By Improving Energy Efficiency

Romania could save between EUR4.8 billion and EUR7.4 billion by improving energy efficiency until 2020.

Neagu Bogdan Mircea · 15.03.2013 · 10:32 · 2 min
Some 10% Of Romanians Might Access Savings-Loan Products In Medium Term
Banks-Insurance

Some 10% Of Romanians Might Access Savings-Loan Products In Medium Term

The Romanian savings and loan product market has a high growth potential in the medium term, Aurelia Cionga, president of mortgage lender Raiffeisen Banca pentru Locuinte (RBL), said Tuesday...

Ioana Tudor · 27.11.2012 · 17:55 · 1 min