system
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Romanian banks lag behind in terms of ROE
The return on equity of Romanian banks stood at 11.4% last year in Romania, whereas Poland, the country with the best-performing banking system in the region, saw a 27.7% ROE (return on equity), according to a research report of the Raiffeisen Group.
BCR, BRD and Raiffeisen accumulate 80% of banking system profit
The top three banks in terms of assets - BCR, BRD-SocGen and Raiffeisen Bank, accounted for 80% of the profit derived in the banking system in the first half of the year, a total of 421 mill...
BSE to introduce a similar reporting system to one used on American SE
The Bucharest Stock Exchange (BSE) plans to introduce a reporting system similar to the EDGAR system, used on the US stock exchanges, according to Stere Farmache, chairman and CEO of the BSE...
Requirements for an intelligent railway system
The rehabilitation and modernisation of the European railway corridors IV and IX of Romania will entail expenses worth at least 10bn euros, according to the estimates made by CFR Infrastruct...
Greek banks, a quarter of banking system loans
The seven financial groups present on the Romanian market last December held an overall loan volume worth above 10bn euros, that is a quarter of the total non-governmental loan volume, which...
Asitrans to expand through franchise system
Asitrans, taken over last year by the Bulgarian group Eurohold, intends to expand through a franchise system and plans to open 50 new territorial offices this year. "We don't levy a franchis...
Record net profit across banking system in 2007: 825 million euros
The net profit registered by the banking industry broke a new record last year, when the 40 players on the market made 825 million euros (2.75 billion RON), an around 32% increase on 2006. T...
Asset Management System aloca 300 mil. euro pentru 800 de vile la Corbeanca
Compania Asset Management System, cu capital american, va aloca 300 de milioane de euro pentru constructia unui ansamblu rezidential format din 800 de vile in Corbeanca, au declarat, astazi,...
Consiliul Concurentei a autorizat preluarea firmei Digital Cable System de o divizie a grupului AIG
Consiliul Concurentei a autorizat preluarea firmei de servicii de comunicatii electronice Digital Cable System de catre compania olandeza Polynifin, divizie a grupului financiar American Int...