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Banks Pay Less To Attract Deposits In Lei, But Continue To Pursue Euro Deposits
Banks-Insurance

Banks Pay Less To Attract Deposits In Lei, But Continue To Pursue Euro Deposits

The average interest rate displayed by banks for household deposits in lei has diminished by a quarter of a percent in March to 6.24% a year, with the plentiful liquidity on the market putti...

Radu Bostan · 08.05.2012 · 00:00 · 3 min
Fund Managers Place Their Bets: Investment Recommendations For 2012
Capital Market

Fund Managers Place Their Bets: Investment Recommendations For 2012

Mutual fund managers expect 2012 to be a much better year for the Bucharest Stock Exchange than 2011, predicting a moderate growth of 15% for the BET index and of 30% for BET-FI. However, th...

Daniela Stoican · 04.01.2012 · 00:00 · 4 min
Tabara: Romania Must Increase Grain Storage Capacity To Some 25M Tons
Social/Politics

Tabara: Romania Must Increase Grain Storage Capacity To Some 25M Tons

Romania needs to increase its grain storage capacity by up to 55% to 22-25 million tons, Agriculture Minister Valeriu Tabara said Friday at the conference MEDIAFAX Talks about Agriculture.

Ioana Tudor · 14.10.2011 · 11:36 · 1 min
Danila, BNR: Banks Need To Attract Long-Term Deposits, But Interest Gains Will Diminish
Banks-Insurance

Danila, BNR: Banks Need To Attract Long-Term Deposits, But Interest Gains Will Diminish

Over the economic boom period, lending was supported by funds attracted by Romanian banks from their foreign shareholders, but strategies have changed during the crisis and many groups are n...

Claudia Medrega · 03.10.2011 · 00:00 · 1 min
Banks-Insurance

One Third Of Romanians Have No Confidence In Banks

After around 10 years during which one could speak about retail banking in Romania, the banking industry, populated by dozens of lending institutions, is finding out the market has not gone...

Razvan Voican · 04.08.2011 · 00:00 · 2 min
Banks-Insurance

Greek Banks Offer High Interests On Deposits Again

Greek-controlled banks have returned with generous offers for deposits, paying interests of over 8% a year on leu-denominated deposits and of 4% a year on euro deposits. This is the first vi...

Liviu Chiru · 21.06.2011 · 22:00 · 1 min