confusion
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Implementation of new EU directive to help clear confusion over lending
The conditions to obtain a consumer loan will no longer be so difficult to comprehend for bank clients, once the National Bank adopts the provisions of the new EU directive. The EU directive is intended to help harmonise regulations in the member countries to...
Confusion on leasing market
Confusion on leasing market
Confusion rules over the SIF shareholding cap
Confusion rules over the SIF shareholding cap
Newly-released solvency levels stir confusion on insurance market
The Insurance Supervision Commission (CSA) yesterday submitted to Parliament the 2002 Report on the insurance market. This is the first report where CSA presents the solvency level of the in...
Investors lose billions amid Stock Exchange confusion
The shares of Banca Romana pentru Dezvoltare (Romanian Development bank - BRD) yesterday went through the most spectacular and confusing trading session since their first day on the Buchares...
ARDAF potential listing surrounded by confusion
ARDAF potential listing surrounded by confusion
ARDAF potential listing surrounded by confusion
ARDAF, the fifth largest insurance-reinsurance company on the Romanian market, could be listed on Bucharest Stock Exchange by this fall, following Agras, the only insurer listed so far. Alth...
ARDAF potential listing surrounded by confusion
ARDAF potential listing surrounded by confusion
Global income tax triggers confusion
More than one year after having entered effect, the new taxation system does not even have a final legal framework, as changes are in progress, without Ordinance 73/1999 on income tax and th...