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Volume of overdue loans falls to 148m euros in October
The volume of overdue loans cumulated by the population dropped slightly in October- the first correction of the last 13 months. At the end of October, the overall volume of overdue loans st...
Trimestrul patru va fi "dezamagitor" pentru Bank of America
Bank of America Corp se asteapta ca rezultatele pentru trimestrul patru sa fie "dezamagitoare", dupa cum a afirmat presedintele executiv al companiei, Ken Lewis, aceasta asteptandu-se la alt...
Merrill scade ratingurile pentru JP Morgan, Bank of America si Wachovia
Bancilor JP Morgan Chase si Bank of America li s-a scazut ratingul la "Pastreaza", de la "Cumpara", in timp ce bancii Wachovia i s-a coborat ratingul la "Vinde", de la "Pastreaza", conform M...
NBR's inflation target unattainable until end of 2008
The Government's revised euro convergence programme indicates that the inflation rate will fall within the limits accepted by the National Bank of Romania as late as the third quarter of nex...
Only 5% of retail loans arranged via brokers
Loans arranged by brokers currently account for below 5% of the overall volume of retail loans released by banks, but their weight is likely to rise 3-4 times within 5 years. "The credit bro...
Cement producers generate half of Segezha's business
Paper packaging manufacturer Segezha Packaging, which owns a plant in Ploiesti, forecasts turnover worth 9.5 million euros this year, up 22% against last year, based on its contracts with th...
Volume of credits granted by TBI double after 9 months
The volume of credits granted by TBI Credit, a member of the financial services group TBI, reached 90 million euros at the end of September, up 125% against the same time last year. "There w...
Sarantis negotiates acquisition of Elmiplant
Sarantis Romania, the local branch of the Greek cosmetics distributor Sarantis, is in preliminary talks to take over Elmiplant cosmetics producer, according to market sources. Sarantis repre...
80% of RCS&RDS pledged as collateral for loan
Businessman Zoltan Teszari, owner of RCS&RDS telecom operator, has pledged as collateral for a loan (contracted from a syndicate of 14 banks) both the shares he owns, as well as the 78 perce...