brokers
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Brokers to arrange 30% of banking loans in 5 years
Over 500 credit brokers arrange approximately 5% of the overall volume of loans granted by banks, with the domestic banking brokerage industry lagging far behind the European market, where a...
Alpha Bank recruits brokers for loan distribution
Easy-Credit, a Dutch-held credit broker, will sell retail credits for Alpha Bank in the form of a partnership. A rising number of banks are in fact resorting to brokers that ensure product d...
BT Aegon: Brokers will bring half the business
Partnerships with pension brokers will bring half of the number of clients to the mandatory private pension fund (the 2nd pillar), which will be managed by BT Aegon, Silvia Sirb, general man...
Brokers develop taste for private pensions
Insurance and pension brokers have started to show an interest in the distribution of private pensions, a fact proven by the authorisations issued by the Private Pension Supervision Commissi...
Banks and brokers unable to sell compulsory pensions directly
Banks, brokers, and financial investment service companies (SSIF) will be unable to sell compulsory pensions (the 2nd pillar) directly, as the Private Pension Supervision Commission (CSSPP)...
Banks, insurance brokers and SSIFs could sell pensions directly
Banks, insurance brokers and stock brokerages (SSIFs) may directly distribute private compulsory pension products (pillar II) if a series of legislation modifications, currently being prepar...
Romanian investors want trading platforms and advice from brokers
Most of the investors attending the Stock Exchange Fair held at the end of last week were interested in the simplest ways to trade, as well as in advice from brokers. This year's Stock Excha...
Broker's profit sees 38% rise in Q1
Cluj-based brokerage company Broker made a gross profit worth 8.84 million RON (2.61 million euros) in the first quarter of this year, 38% higher than in the same period last year. The value...
Insurance brokers may reach 35% in the market in 3 years
Insurance brokers will come to account for 35% in policies sold on the Romanian insurance market in the next three years, believes Patrick Lucas, managing partner with Gras Savoye French ins...