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Erste: Banking giants have expanded too much
Scepticism and uncertainty will dominate financial markets until May-June 2008, when all the major banks and financial services firms that are not listed on the Stock Exchange will have publ...
Banks have trouble finding top Romanian managers
Banks are attempting to recruit Romanian managers, however it is proving difficult to find top candidates with the necessary experience, explains Dan Pascariu, UniCredit Tiriac Bank board ch...
More than half of Romanians have chosen their private pension
More than 1.8 million Romanians have chosen their mandatory private pension (pillar II) reveals data gathered by ZIARUL FINANCIAR from the 18 management companies on the market yesterday. Fr...
Banks will have more capital available for loans from January 1
As of January 1, the risks calculated by banks for mortgage credits will drop from 50% to 35%, according to the new Basel II rules. However, four main requirements have to be met - firstly,...
German investors have long-term plans in Romania
Roland Lohkamp, Germany's ambassador to Romania, believes EU integration indicated the peak and most visible point in Romania's modernisation. Over the past 15 years, German direct investmen...
What voluntary private pension managers have to report
Managers of voluntary private pensions (third pillar) have to inform their clients every time they change the investment policy for the funds they manage, according to the regulation on repo...
Funds listed in London have 1bn-euro real estate projects
The six investment funds listed on the AIM market of the London Stock Exchange, which operate in Romania, own or have more than 30 projects in progress with a total value of 939.5 million eu...
Miorita Videanu: We have received good offers for the Titan Mar land
Miorita Videanu, wife of the capital's general mayor Adriean Videanu, says she has received a few "strong" offers for the six-hectare plot of land of the Titan Mar plant in Bucharest, where...
OTP: Financial groups have a clear edge
Mandatory private pensions will soon become the most accessible savings instrument, and the funds will most likely be medium risk, says Marius Floarea, the pensions and bancassurance manager...