banks
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Consumer loans granted from 2005 through 2008, biggest headache for banks
The high volume of unsecured loans banks granted between 2005 and 2008 is currently spawning big problems for banks, with the weight of bad loans in overall loans granted during this period...
Biggest equity funds' bets for yearend: energy, banks and SIFs
Stock market corrections have pushed some of the biggest fund managers to take shelter betting on energy stocks, such as Transgaz Transelectrica and Petrom, for the coming period, while othe...
Banks lending hundreds of millions of euros to local authorities
Bankers have found clients to lend money to considering private lending is not recovering and T-bill auctions are not as successful as they used to be. Town halls and county councils borrowe...
Banks want to sell 20m euros’ worth of foreclosed houses in August and September
Banks are set to organise, in August and September, approximately 500 auctions for the sale of foreclosed houses, in the wake of which they want to raise more than 20m euros, show ZF calcula...
BRD makes 40m-euro profit in Q2
BRD, the second-largest bank on the Romanian market, ended the second quarter of the year with a 168 million-RON (40.3 million-euro) net profit, down 22% against the similar period of last y...
Dănilă, NBR: Banks need to support Romanian companies
Bankers need to get involved and support Romanian companies with viable businesses in order to help the economy recover, says Nicolae Dănilă, a member of the Board of Directors of the NBR (N...
Gică Popescu: Banks boasting to be granting loans are just selling smoke
Former footballer Gică Popescu, who started his own business with the money he earned from football, maintains he plans to develop several real estate and tourism projects starting the end o...
Many banks with less than 1% market share remain in the red
The portfolios of small banks, with market shares of less than 1% of the market's overall balance sheet assets, continued to see a fast deterioration in the first quarter of this year, so th...
Banks lend to each other at 2% a year, but won't lend money to the state at 7%
Banks grant each other loans in RON at interest rates of 2% a year these days, but paradoxically the state has not managed to borrow even a quarter of the planned 4.6 billion RON in June, al...