banks
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Top leasing firms affiliated to banks by 2010 funding
On a leasing market that dropped further in 2010, sealing major car contracts, a substantial real estate deal or embracing a very aggressive price policy influenced the trend of turnover and...
Provisions bite into Banca Românească profit
National Bank of Greece financial group, the majority shareholder in Banca Românească, reported 12m-euro profit for Romanian operations in 2010, down 37% from the 2009 profit.
Fear leads money to the bank: consumers saved one billion lei in February
Romanians increased their bank deposits by one billion lei in February alone, which shows they still prefer to postpone acquisition plans and save the money instead.
Risk attached to First Home loans to be shared between banks and state
The new version of the "First Home" scheme discussed by the members of the Government with bankers intends for the lending risk to be equally shared by the state and banks, without altering...
BCR trying to sell hotel in Herculane for 2m euros
BCR, the biggest bank on the Romanian market by assets, is hoping to collect over 6.5 million euros from selling a hotel, two mini hotels and several guesthouses foreclosed on account of def...
BRD enters refinancing deal battle with 7% interest per annum for lei
BRD, the second biggest bank domestically, joined the battle of attracting clients by refinancing older loans released by competitors, in which several top players had already engaged.
Romanians had 1.3bn euros' worth of overdue loan payments in January
Banks' individual clients had overdue loan payments totally worth 5.7bn lei (1.3bn euros) in late January, with the sum being almost 73% higher than in the corresponding period of 2009, acco...
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...
Isărescu: Network costs will be overwhelming unless banks finance companies and SMEs
Banks need to attach more importance to the corporate sector and to SMEs, because if they continue to rely only on lending to the population, they will not be able to grow and to cover the o...