Bankers
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Bankers follow their clients into malls
A series of banks with aggressive retail expansion plans, such as BCR and Alpha Bank, are relying heavily on branches opened in shopping centres, with some malls including as many as six or...
Bankers helplessly watch credit/deposit spreads shrink
The spread of interest rates between credits granted to the population and deposits continued to drop in June, and reached an all-time low, amid tightened competition from banks on deposits....
In four months, bankers make half of last year's profit
Banks have continued their race to derive an annual profit worth one billion euros, after they derived almost half last year's overall net profit, worth around 825 million euros, four months...
Bankers expect stricter lending terms
Individual clients and large companies will have to meet stricter criteria in order to receive loans in the second quarter of the year compared with the last few months, according to a NBR (...
Bankers would like minimum reserves set up for leasing companies, too
Bankers have asked the NBR (National Bank of Romania) to set up minimum mandatory reserves for leasing companies for the funds they attract, in the wake of increased competition due to the r...
Rothschild bankers tackle market together with Israelis at Ocif
The Rothschild family of bankers are poised to invest in Romania via a partnership with Israeli company Ocif Group, which targets projects worth at least 200 million euros over the next two...
Romanian bankers, attractive for foreign banks
The latest regional promotion was that of Mihaela Bitu, who took over ING's lending operations in 10 countries. What are Romanians' strong points and why do they seem to be put to better use...
4,500 bankers may take a pay cut as of August
The net incomes of the employees that earn gross salaries in excess of 6,350 RON could go down as a result of a modification of the social security law. The salaries of approximately 600 of...
Bankers call on exporters to cover foreign currency risks
Exporters may encounter problems because they are not using hedging instruments to protect themselves against foreign currency risks, states Lucian Anghel, chief economist with the BCR. "In...