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BT tries to persuade clients to save in euros
Banca Transilvania (BT), one of the top players in the banking system, controlled by local shareholders, will seek to attract more euro-denominated deposits from its clientele. The bank now pays a 5.5% interest rate for six-month deposits in euros. According t...
Higher interests unable to persuade clients to save more
The increase in deposits made by individual clients both in RON and in foreign currencies continued to slow down in February, and reached one of the lowest levels of the past year. Deposits...
Noul slogan al Wal-Mart: "Save Money. Live better"
Dupa aproape douazeci de ani, Wal-Mart isi va schimba sloganul, ca urmare a incercarii companiei de repozitionare a brandului, scrie cotidianul Financial Times. Noul slogan "Save Money. Live...
Only Bucharest residents save more than they borrow
Bank loans contracted by the Romanian population are larger than the time deposits opened over all the counties, with the exception of Bucharest. In the West, individual investors are positi...
BCR: Romanians can save 17.5 euros / month
The potential average monthly saving for a Romanian citizen stands at 17.5 euros compared with 21 euros in the Czech Republic, 27 euros in Poland, and 36 euros in Slovenia, according to esti...
High interests persuade clients to save money
Individual clients put more money in banks this December, stimulated by the interest rates on offer, which exceeded inflation. Deposits in RON made by individuals climbed by 6.4% in December...
Zaharul Oradea invests 10m euros to save on costs
Zaharul Oradea, part of Germany''s Cristal Union group, announced investments of approximately 10 million euros for this year, targeting a project related to energy saving and cost reduction...
Romanians save and borrow less than their neighbours
Romanians save and borrow the least of all the inhabitants of the states in the region, a survey by UniCredit group analysts reveals. The financial assets of Romanians amounted to some 682 e...
Floods save cement industry
Floods save cement industry