VOLKSBANK
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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...
Energomontaj Takes RON145M Syndicated Loan From Four Banks
Romanian Energomontaj will take a two-year of 145 million lei (EUR33 million) from a consortium of four local banks, to finance its operations and guarantee the company’s development project...
Volksbank Seeks Local Financing To Rebalance Loan To Deposit Ratio Within 3 Years
Volksbank, which has been through a tough restructuring in the past few years, now wants to increase its number of clients and attract more deposits, and is preparing to open new branches.
Volksbank Romania Has New Treasury Division Head
Theo Buftea was appointed head of Volksbank Romania’s treasury department at the end of last year, the bank said Monday.
Cojocaru, Volksbank: Trend Of Lending Is Shifting Towards Loans In Lei
Lending to individuals remains frozen despite the promotional offers, so now banks are betting on loans in lei to companies.
Volksbank Analysis: Romania’s Low EU Fund Absorption Rate Is Due To Poor Fund Allocation To SMEs
Romania’s low absorption rate of European Union financing is due to the fact that only 15% of EU’s structural and cohesion funds allocated to Romania for the 2007-2013 period targeted the pr...
Volksbank To Sell Romanian Business, Other Non-Core Units By 2017
Austrian lender Volksbank AG will sell its Romanian business and several other non-core units by 2017, according to the bank’s reorganization strategy approved by the European Commission on...
Volksbank Cuts 170 Jobs And Restructures Its Network
Volksbank Romania, which ended last year with a loss of around EUR95 million according to international reporting standards, has decided to shed almost 170 jobs as part of restructuring meas...
Former UniCredit Tiriac Bank Treasury Head Bogdan Mihoc Returns To Banking System
Bogdan Mihoc, one of the best-known dealers on the market, has returned to the banking system four years after being expelled from it, and took on the position of head of treasury with Volks...