Romanian banks
49 articole · RSS
BCR raises consumer loan interests on higher-than-expected demand
BCR, the biggest domestic bank in terms of assets, has taken the market by surprise after having unexpectedly raised the interest rate for RON-denominated consumer loans, to 14.5% per annum, thus signaling a turning point after a period when promotions had dri...
What MBAs Romanian banks invest in
Banca Transilvania, a top-ten Romanian-controlled bank, with over 6,000 employees, is one of the employers who have traditionally invested in training their management teams through MBA or E...
Bankers turn unsecured consumer loans into mortgages
Bankers last year started a sterile war of refinancing deals, whose only outcome was improved coverage with guarantees, as many consumer loans were bundled into larger mortgage loans, but no...
BRD wants to revive loan demand with three percent lower interests
BRD, Romania's second-largest bank, yesterday gave the first strong signal aimed at reviving demand for retail loans by cutting interest rates across the entire range of products, and making...
Banks expand short-term debt in 2010, after pausing a year
Banks increased their foreign short-term debts, largely reflecting funding received from foreign shareholders, by almost 1bn euros last year, to 7bn euros.
Banks' ranking in 2010
Last year the overall assets in the Romanian banking system rose by just 3.5% - the lowest increase in the last decade. The economic crisis also took its toll on the balance sheets of banks,...
Bankers move again to make consumer lending cheaper
Banks' individual clients borrowed at lower rates last year, with the annual percentage rate for RON consumer loans reaching 17.5% per annum in December 2010, down almost 4.5% from the same...
First Home to restart after guarantees distributed to banks
Banks are again accepting applications for mortgages through the "First Home" scheme after the SME Loan Guarantee Fund (FNGCIMM), managing the state guarantees within the scheme, has distrib...
Dijmărescu, Guarantee Fund: Risky banks should pay more
Banks with a riskier financial situation compared with that of other players should contribute more to the Banking System Deposits Guarantee Fund (FGDB), believes Eugen Dijmărescu, general m...