freezes
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BCR freezes collateral-free consumer loans in several branches
Several branches of BCR, the largest bank on the market in terms of assets, have ceased to release collateral-free consumer loans to new customers in the wake of a "partially higher-than-expected" upsurge in overdue payments and fraud, said Bernhard Spalt, vic...
Biggest fund on the BSE freezes portfolio
Julius Baer International Equity Fund investment fund, the biggest foreign institutional investor on the Romanian capital market, closed almost no deal on the Bucharest Stock Exchange during...
AVAS freezes accounts of over 5,500 companies
The State Assets Resolution Authority (AVAS) has frozen the accounts of over 5,500 private capital companies, whose debts to the institution exceed 17.5 million RON. The companies have debts...
Heavy rain freezes Coca-Cola sales
Heavy rain freezes Coca-Cola sales
Industrial output freezes
The Romanian industry started the year on the wrong foot: a modest 0.4% growth in January 2004 (as compared to January 2003), in absolute volume, after having surged 1.6% in the year-ago per...