banks
375 articole · RSS
Ten banks vying to sell Romania's eurobonds for 15m-euro fee
The Finance Ministry still needs money, despite having borrowed 7bn euros from the IMF, EU and domestic banks. Ten banks have been selected by the Finance Ministry in the final stage for the...
Banks look for ways to recoup money from insolvent retailers
The insolvency of major retailers, such as SPAR, Ultra Pro Computers and Trident, badly hit by the crisis and by the aggressive expansion of international store chains, is freezing millions...
Banks push interest rates up
A real estate loan, a personal loan or a car loan in euros will be around 5% more expensive in 2009 as compared to 2008, despite the economic downturn and the falling Euribor and Robor rates...
Treasury sells 300m-euro bonds to banks
The State Treasury will put up for sale, on August 14, euro-denominated bonds worth 300m euros, according to an announcement recently published by the NBR, which acts on behalf of the state...
Popa: Banks with deficient management should only be cleaned up in exchange for stakes
Responsibility should be taken for deficient bank management, and, in the hypothetical case where banks would transfer non-performing loans to the AVAS (State Assets Resolution Authority), t...
Higher share of troubled loans in banks' portfolios
Banks set aside almost 90 million euros in April in order to cover the potential losses arising from the deterioration of the loans granted. The economy slowdown and the prospects of rising...
Only seven banks with more than 5% in market share
The biggest five banks on the market concentrate 54% of the total assets, and 26 banks have market shares of less than 1%, according to the data in the Annual Report of the NBR.
Bunescu, BRD: Sales staff in banks need to switch to debt collection
Bank employees that have so far worked in sales should try to move to other departments now, such as debt collection, says Petre Bunescu, deputy general manager of BRD Soc-Gen, the second la...
Debt collectors: Requests from banks are up by over 30%
Banks are selling non-performing loans to specialised debt collection companies increasingly often, in order to clean up their balance sheets, with demand for such services up by over 30% la...