banks
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What solutions do those left with huge mortgages from boom years have?
The decline of real estate prices, even to half the record values of 2007 and 2008, have left many who bought homes with loans in a position to pay huge instalments, which no longer have any...
Banks pay 391m euros in July for funding from shareholders
Local banks made 391 million euros in interests and principal payments on medium and long-term deposits of non-residents - which generally reflect financing granted by foreign shareholders,...
ING to invest 250m euros in the Cluj service centre over ten years
Netherlands' ING wants to invest 250 million euros over the next ten years in the development of the regional customer services centre in Cluj-Napoca, which will employ 1,000 by 2013, with t...
Loan demand rises in July
Bankers were taken by surprise in July, when more than 327,000 clients applied for a loan, with their number being almost three times higher than the monthly average during the January-June...
Bankers make loans more expensive for second month in a row
New loans became more expensive in July, both RON and euro-denominated ones, for the second consecutive month, although bankers are complaining of a lack of customers for loans.
Clients start suing banks to have their costs cut
Several hundred clients of Volksbank met on Tuesday evening to launch a class action against the bank, asking for the elimination of some contract fees and clauses. BCR clients are also prep...
Banks demand higher yields from state
Commercial banks through their analysts are constantly asking for higher yields of the T-bills already bought several months ago, while the Treasury is trying to cap yields at 7% a year so t...
SIF Moldova boss: We're already working on 2011 investment strategy
SIF Moldova (SIF2) is already drafting its 2011 investment strategy, working with external specialists, after having reached the profit level budgeted for the entire year in the first half a...
Rich people put more money in the bank
Almost 1,000 Romanians have joined the ranks of those with more than 100,000 euros in deposits registered with banks in the past year, despite the recession that eroded incomes, so that the...