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Banking market too small for 37 players?
The number of banks operating in Romania has outgrown the potential of the market and will go down to half over the next few years, says Patrick Gelin, general manager of BRD-Groupe Societe...
ROL too weak even for thieves
Masked individuals robbing a bank, cars taking off in full gear and car chases on the streets. Movie scripts aside, these things are real in the West and in countries closer to Romania, such...
Instalments are for high-income people, too
The booming sales in instalments are not obvious only on the low-end sector but also on the high-end segment, which comes with higher quality and higher prices. Since expensive cars are sold...
Too frequent controls on French companies
The French companies in Romania are often subjected to "endless" financial controls, the French Ambassador in Bucharest, Philippe Etienne, on Monday said. "The French companies are way too o...
Harley Davidson fans in Romania, too
Harley Davidson, the most craved for motorcycle brand in the world, has decided to officially enter Romania again, after the producer's representatives had felt this market was not generatin...
Harley Davidson fans in Romania, too
Harley Davidson, the most craved for motorcycle brand in the world, has decided to officially enter Romania again, after the producer's representatives had felt this market was not generatin...
Banks say 4% interest on euro BILLS is too low
The Finance Ministry did not manage to collect from banks any more than 68.6 million euros - whereas the initial demand amounted to 200 million euros, even though banks oversubscribed the is...
School start turns into lucrative business for retailers, insurers try to profit, too
The beginning of the school year has proven, if necessary, that big money can be made from doing business with kids. At least this year, when the overlapping of two generations of first grad...
Credits up in July, too
The credit volume the banking system granted to individuals and legal entities maintained its growth pace, progressing by 3.2% in July, to 231,600bn ROL, while the individuals' ROL deposits...