Bankers
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Crisis is not for bankers
After almost two years of crisis, the terms "redundancy" and "restructuring" do not exist for the banking industry, but only for its clients, with banks avoiding to significantly scale down...
Bankers do not expect to have clients for loans any time soon
Bankers expect loan demand from individuals to be weaker in the coming period against previous months, after the upbeat expectations they had in the past have been overturned by reality, sho...
Bankers set aside 4.6bn euros for loan losses
Bankers set up provisions worth almost 1bn RON (236m euros) in June to cover bad loan losses. In the first six months, provisions rose by 4bn RON, to a peak of 20.2bn RON (4.6bn euros), acco...
Băsescu lashes out at bankers
President Traian Băsescu accused banks of “impudence” and of the fact that “they deny responsibility for the situation they’ve brought Romania in”.
Bankers sell 1bn-euro loans per month, which only cover repayments
In each month of the past year bankers sold new loans equivalent to 1-1.5 billion euros, but the amounts barely account for two thirds of the annual volume of financing granted in 2008, the...
Bankers fear new wave of non-performing loans, NBFIs are more optimistic
Bankers fear new wave of non-performing loans, NBFIs are more optimistic
Loan interest rates will not fall any further because they are low enough, say bankers
Bankers sell consumer and mortgage loans cheaper than a year ago, but warn that interest rates will not fall further in the coming period because a low has already been reached, and in addit...
Bankers threaten with higher interests on new loans to offset costs of loans repaid early
Almost 8 million loan contracts will have to be amended by banks over the next three months to cap the early repayment fee to 1% of the amount to be repaid, and drop it completely in case of...
Lower salaries for bankers and public servants in April
Bank and public administration employees' salaries dropped in April from the same month of the past two years, while in the industrial sector net average incomes rose by 13%.