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BRD: Foreign financing, more costly
The cost of resources can cause problems for banks, margins are under heavier pressure amid strong competition and the impact will be seen in the price of loans, says Patrick Gelin, chairman...
EOS KSI: Increasingly more clients have debts with two or more banks
The average value of overdue payments for bank credits has climbed to 700 euros, with increasingly more clients having overdue payments at two or more banks, according to George Kovacs, gene...
Altria Capital: No buyer pays last year's multiples any more
The mergers and acquisitions market will be less dynamic this year, with the number of deals, as well as the value of assets, already falling, while last year proved the most dynamic from th...
Voluntary pension funds investing more and more on stock market
The voluntary pension funds are investing larger and larger percentages of their assets on the Bucharest Stock Exchange despite the uncertainty and the massive losses on the capital market....
Higher interests unable to persuade clients to save more
The increase in deposits made by individual clients both in RON and in foreign currencies continued to slow down in February, and reached one of the lowest levels of the past year. Deposits...
More homes delivered in Ilfov than in Bucharest
Bucharest continues to expand outwards, as the inner city gets ever more crowded by the day. More than 19,000 homes were built in Ilfov county (which surrounds Bucharest) in the first three...
More expensive CHF loans make Romanians shiver
Romanians with RON-denominated incomes are finding it significantly harder to pay instalments for the CHF loans they took out in the context where the Swiss currency's exchange rate has clim...
Rompetrol's financial services division invests 14m euros in more clients
IFN Fingroup Credit, the non-bank financial institution held by the petroleum group Rompetrol, will invest 20 million dollars (14 million euros) in the first half of this year in order to ex...
Which employees earn more than their bosses?
Employees in sectors such as consulting, financial services, and sales can sometimes earn more than their bosses, because of performance-related pay. One of the sectors with the highest sala...