banks
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CEC and BCR battle to lend Cluj 600m RON
CEC and BCR are the two banks that submitted offers for the 600m RON (around 142m euros) loan the Cluj-Napoca city hall wants to contract for the first payments related to planned or underwa...
How much money the Finance Ministry expects from the profits of banks and companies
Banks will help the budget less than they did up until last year, with the Finance Ministry anticipating to collect modest amounts from taxing earnings of lending institutions, 80-100 millio...
NBR on levying additional taxes on banks: We will abide by the European decision
The notion of levying additional taxes on banks considered to be responsible for setting off the current international crisis, which is starting to crystallise among EU decision makers, is r...
Bank clients total 3.45 billion euros in overdue loans
Consumers and companies totalled almost 14.7 billion RON (3.45 billion euros) in overdue loans by the end of September, which accounted for 6.3% of the total amounts due to banks, NBR data r...
Payments through banks down 2.3% in Q3, to 14.2bn euros
The value of interbank payments, an indicator that that follows closely the progression of the economy, fell by 2.3% in July-September compared with the corresponding period of 2009, to 60.5...
Old loan refinancing, the only business that can move retail banking market this autumn
The lower interest rates of new offers, the elimination of the early payment fee, some banks' giving up the analysis fee and the promise of a new notary tax cut are likely to bolster old loa...
Late instalments leap to 6.9% of overall loans
The value of overdue instalments by the population and companies climbed by nearly 930 million RON (220 million euros) in August, to a 14.4 billion-RON high, with their share in the overall...
Why did the state have to intervene on banking market?
The banking system after the disputes over the enforcement of Ordinance 50, which are not over yet, is left with a stain on its image of a highly professional industry, where competition can...
Rising competition for handling of current payments
Starting last autumn, the market of low-value payment intermediation, dominated by banks in the past, has been opened to commercial companies, as well. The rising competition should bring lo...