deleveraging
21 articole · RSS
Bank Deleveraging Continued, Funding For Companies Up In 2016
The foreign debt of banks in Romania, which includes the short and long-term lines of credit from their parent banks, dropped by EUR3.4 billion last year and reached about EUR11.2 billion in December. The deleveraging process continues, Romania’s central bank...
BNR: Foreign Banks Have Withdrawn EUR13B From Romania
In eight years, foreign banks have withdrawn EUR13 billion of the lines of credit extended to their local subsidiaries, which reached EUR9 billion at the end of March or less than half of th...
Foreign Banks’ Exposure To Romania Down $5.6B
Foreign banks lowered exposure to the Romanian economy by $5.6 billion in the past year (July 2014-June 2015) in one of the biggest deleveraging moves in Eastern Europe.
Non-Resident Deposits Down At Six-Year Low
Non-residents’ medium and long-term deposits, which are mostly a form of support from parent banks abroad, stood at EUR5.4 billion (24 billion lei equivalent) at the end of June, down EUR500...
Banks Forced To Replace EUR10B Foreign Lines Of Credit With Local Deposits In Six Years
Over the last six years, the foreign banks that control 90% of Romania’s banking system have withdrawn EUR10 billion worth of lines of credit extended to their local subsidiaries during the...
Foreigners Took Out EUR2.7B From Local Bank Deposits In 3 Years
Foreigners, largely banking groups, at the end of 2014 held around EUR5.8 billion in medium and long-term deposits opened with local banks, 32% below the record high reached in 2011. In 2014...
Foreigners Withdraw EUR750M From Local Bank Deposits In One Year
Foreign investors, largely banking groups, had medium and long-term deposits opened with local banks worth EUR5.77 billion at the end of November, the lowest level since the spring of 2009....
Isarescu: Unrestrained Deleveraging Could Hurt GDP Growth
The combination of fiscal correction measures with an uncontrolled deleveraging process could hurt a sustained economic growth, Romanian central bank governor Mugur Isarescu said Tuesday.
Foreigners Withdrew EUR330M From Deposits Set Up With Banks In Romania In One Year
Foreigners, largely banking groups, in late August held medium and long-term deposits opened with local banks worth EUR6.34 billion, EUR300 million below the level of the year-earlier period...