banks
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Raiffeisen Bank's five-year plan
Austrian group Raiffeisen, owner of the main stake in Raiffeisen Bank Romania, has recently approved the bank's five-year strategy for the Romanian market. The bank will go for a heftier mar...
Banks shyly making credits cheaper
Even though a little more shyly than earlier this year, the banks keep cutting interests for the credits granted to their clients. They do this particularly for those in demand, namely the h...
Less ROL in banks, fewer credits
Will the banks have less ROL available for credits in the future? Will the bankers have one more thing to worry about, i.e. how to get the resources so badly needed to boost lending? Just lo...
Italian banks eye infrastructure and energy
Banca Popolare di Lodi, one of the most powerful private banks in Italy, is interested to consolidate its position on the Romanian market by funding energy, oil and natural gas infrastructur...
Over 50% people not dealing with banks
Only 36% of Romania's population have a stable relation with a bank, which makes the Romanian market lag behind even Russia or Ukraine, where the share of population "drawn" to the banking s...
Banks to act as Stock Exchange brokers
The Romanian banks could directly run brokerage operations as of this year, although the securities law enacted last year had initially set 2005 as the deadline, National Securities Commissi...
Regulations for banks and Financial Guard
The Government has endorsed two law drafts modifying the banking law and regulating the organisation and operation of the Financial Guard. The draft modifying Banking Law 58/1998 introduces...
Three banks on top of card market
The number of card accounts opened by individuals and companies with the issuer banks went up by 231,000 in the first three months of this year, filings with the National Bank of Romania (NB...
Banks may own up to 100% in insurers
The stakes held by banks in insurance companies will be possible to reach as high as 100% of the latter's capital, as long as they keep within 60% of the bank's equity, according to the law...