banks
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3 banks and 5 insurers make the regional rankings
Only 3 banks and 5 insurance companies from Romania have managed gain a place among the top 50 players in their respective fields in Central and Eastern Europe, according to the rankings dra...
Vinterra unable to pay debts to banks
Vinterra International wine producer, a Romanian-Dutch joint venture that owns 100 hectares of vineyard in the Dealu Mare and Vanju Mare regions, has defaulted on bank debts worth several hu...
Prutul Galati borrows 25m euros from several banks
Vegetable oil producer Prutul Galati will borrow approximately 25 million euros from several banks in order to buy raw materials and acquire a storage base located in Liesti, Galati county....
Danila: Banks are risking too much for market share
Banks are starting to take on increasingly higher risks in the race for a bigger market share, with unguaranteed consumer credits potentially becoming the main weak spot, says Nicolae Danila...
100% more clients with overdue loans to at least 2 banks
Out of the 38 banks that operate in the domestic banking system, 27 are expected to report positive information concerning loans granted to customers by yearend, an increase from only 13 ban...
Eight banks battle on the Swiss franc loan front
Loans in Swiss francs are an apparently cheap alternative for long-term funding, with banks charging an annual interest rate of around 4%, whilst annual euro interest rates rarely fall below...
Big banks enter pensions business
Almost all big banks on the domestic market have become involved in the private pensions system, a business that is expected to attract assets worth tens of billions of euros in the decades...
Only 1 of top 7 regional banks not present in Romania
Out of the top 7 players involved in the domestic banking sector just one name does not have a strong presence on the Romanian market, according to a survey conducted by UniCredit. The Centr...
Investments eat into banks' profits
The net profit of banks in the first five months of 2007 has stagnated at around one billion RON (327 million euros), against the same time last year, according to data reported to the Natio...