Accounts
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Banks fill BNR's accounts instead of looking for clients to lend to
Bankers prefer to place their money with the BNR (Romanian central bank) at an interest of just 2.25% a year on leu-denominated deposits in order not to take any chances on the economy.
Bankers charge fees even for depositing cash into accounts
After charging fees for access to one’s own money, bankers are now charging fees even for cash deposits into accounts, in an attempt to boost revenues.
Tax authorities freeze almost 250,000 accounts
The freezing of bank accounts by the tax authorities in order to recoup taxes from taxpayers gained impetus in the first quarter of the year: over 240,200 accounts were seized in the first q...
98,000 Romanians have accounts worth 2.5 billion euros on Stock Exchange
The overall value of portfolios held by Stock Exchange investors rose by almost 55% to 10.2 billion RON (2.5 billion euros) in the first nine months of the year, with most investors having l...
Corporate cash flow problems less serious in September
Companies had more money in their accounts in September so that the number of cases when banks were unable to cover the cheques or promissory notes they used was down compared with the previ...
SIF Oltenia has only 2m euros left in its accounts
SIF Oltenia (SIF5), one of the leading companies on the Bucharest Stock Exchange, closed the year with liquidity worth 8 million RON (around 2 million euros), while the company recorded a ne...
Isarescu: More conservative approach to reserve management
Mugur Isarescu, Governor of the NBR (National Bank of Romania) says the National Bank has, since last autumn, become much more conservative in the management of the foreign exchange reserve,...
ING Pensii: Empty accounts will drop to 10% in a few years
ING invested around 66 million euros in order to gain the top position on the market of mandatory private pensions, a sum it expects to recoup in the next ten years.
Savings accounts overshoot time deposits
The population's RON-denominated savings with banks were almost exclusively channelled toward savings accounts in the first four months of this year, while time deposits stalled, according t...