deposit
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Non-Resident Deposits Down EUR1B In One Year
Non-residents’ long-term deposits in local banks, mostly lines of credit from shareholders, stood at EUR4 billion in September, down about EUR1 billion on the year-ago month and half the 201...
Low Interest Rates And Rise In Spending Drive Consumers’ Bank Deposits Down
New deposits in domestic currency made by individual customers of banks in Romania stood at 136 billion lei (EUR30 billion) in January-August, down 7.4% on the year-ago period, according to...
Retail Leu Deposits Reached Lowest Level After 2008 In November
Individual customers made 6.4 billion lei (EUR1.41 billion) deposits with local banks in November, the lowest level of leu-denominated monthly savings since December 2008, Romania’s central...
Non-Residents’ Deposits In Local Banks Up In August
Local banks had about EUR5.3 billion in medium and long-term deposits made by foreign clients, mostly support from parent banks, at the end of August, an increase of EUR100 million on the pr...
Richest And Poorest Counties Of Romania By Bank Deposits
Cluj, Timis and Constanta were the counties with the highest volume of deposits made by individuals and companies with banks at the end of August, while Giurgiu, Mehedinti and Calarasi recor...
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...
Loan To Deposit Ratio Reaches 93% In May
The loan to deposit ratio, one of the indicators of the lending potential of the banking system, reached 93% at the end of May, the highest this year, driven by the resurgence of loan sales...
Major Banks Push Leu Deposit Interests To Less Than 1%
Five of the top ten banks in Romania are now offering less than 1% interest per annum for one-month deposits, while the one-year deposits get 0.7% to 2.7%. The abundant supply of cash on the...
Only Four Banks Still Offer Over 3% For One-Year Deposits
The highest interest for a 12-month deposit currently stands at 3.4% and is offered by TBI Bank, a small player in Romania’s banking system. Second highest interest comes from Piraeus, 3.15%...