SAVINGS
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Romanians Put Aside 9% Of Monthly Income, Sum Saved Lowest In CEE - Survey
Romanians save 9% of their monthly income, similar to Austrians, Czechs and Germans, while, in nominal terms, the sums saved by the former are significantly lower due to wage gaps between co...
Housing Bank Clients To Receive State Premiums Of RON42.55M
The 400,000 clients of Romanian banks on the savings and loan segment will receive state premiums amounting to 42.55 million lei (EUR9.45 million), which cover the last tranche for sums save...
OTP Bank Romania: Consumer Savings Up 8.6% In 4-Mos
OTP Bank Romania reported a 8.6% increase of the consumer savings during the first four months of 2012, the clients mainly choosing deposits with six-month maturity, the bank said Monday.
Investment Funds In Fierce Competition With Banks Over Savings In 2012
Raiffeisen Asset Management, with over EUR650 million in assets under management, estimates its assets will increase by several tens of million of euros this year, because of fierce competit...
Romanians Put Aside EUR5B During Crisis
Deposits at Romanian banks climbed by almost EUR10 billion in the past three years, as customers adjusted their financial behavior to the economic crisis.
Romanians Expected To Spend EUR350M This Year On Window Replacements
Romanians are expected to spend over EUR350 million this year to replace windows, according to estimations by local glass market leader Saint-Gobain Glass Romania.
Posta Romana Restructuring Will Save RON50M A Year, Minister Says
Romania’s state-owned postal company Posta Romana will start an ample restructuring process that will last over the next months and that will save an annual 50 million lei (EUR11.8 million)...
Romanians Working Abroad Saved EUR100B In Ten Years
The three million Romanians who worked in Western Europe over the past ten years saved EUR100 billion, four times as much as household savings in local banks.
Romania Paid Bonuses Worth RON9M For 2010 Housing Savings
Romanian housing bank clients received 9 million lei (EUR2.17 million) from the state this week, as the first tranche of bonuses provided by the authorities for last year's savings, accordin...