banks
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Government preparing tax for banks
The Government is preparing a local version of the additional tax for banks considered across Europe, with talks (which will also include the NBR) scheduled for next week. Bankers say they k...
Loan instalments cost Romanians 5 billion euros a year
The 4.5 million Romanians who took loans from banks pay about five billion euros a year in form of instalments, reveal ZF’s calculations, that is as much as they spend on cigarettes, beer...
Vladescu: We are fighting banks because they are asking for exaggerated yields on T-bills
The Finance Minister says the Treasury is not in a “desperate” situation and can afford to resist pressure from banks asking for higher yields on T-bills.
Banks and retailers warm up to instalments
One month after having introduced payment in instalments via credit cards through retailers, Raiffeisen Bank says it is overwhelmed by demand from trade and services companies, which want ac...
Bankers continue foreclosure auctions
Hundreds of ads for foreclosure auctions are now to be found on banks' websites, with such extreme methods of recouping lent money being used increasingly often in the context where recessio...
Meagre FDI sucked up by banks
The real economy is increasingly poorly financed given that foreign direct investment has halved in the first quarter to 754 million euros, two thirds of which went to the banking sector alo...
Government, NBR and banks ignore plight of Romanian business sector
The state has no strategy to save Romanian-held companies that are going insolvent one by one. This is the conclusion of the financial analysts and of the business people who find themselves...
Romanians are banks’ net lenders again
After more than a year of crisis, Romanians have become net lenders of the banking system again, with deposits accounting for almost 101 billion RON (24 billion euros) at the end of April, w...
Banks take more money from the population than they lend
The population in the first quarter again became a net creditor of the banking system, in the context where deposits have constantly increased in the past year, fuelled by stringent caution...