Home / BUSINESS / FINANCIAL / BANKS (page 57)

BANKS

Non-government loans increased by 3 pc last year, BNR data show

Non-government loans increased by 3 pc last year, BNR data show

At the end of last year, non-government loans added 3 percent (4 percent in real terms) y-o-y, on the back of the 19.7 percent increase in RON-denominated loans (20.9 percent in real terms) and the 9.9 percent decline in foreign ...

Read More »

Banca Carpatica: RON 85m losses last year

Banca Carpatica: RON 85m losses last year

Banca Carpatica registered losses last year of RON 85.4 million, according to the bank’s statement sent to the stock exchange. The loss includes provisions amounting to RON 32.6 million recorded in connection with the non-performing loans portfolio and RON 35 ...

Read More »

CEO Raiffeisen International AG: “We’re very satisfied with the operations in Romania”

CEO Raiffeisen International AG: “We’re very satisfied with the operations in Romania”

The organic growth is the strategy of Raiffeisen Bank International in Romania. “We’re very satisfied with the operations in Romania,” Karl Sevelda, CEO of RBI said, attending Euromoney CEE Forum 2016 in Vienna, zf.ro informs. He added that Romania is ...

Read More »

Romania is technically ready to adopt the EUR, BNR official says. However…

Net wealth of households decreased as against 2007 due to decline in dwellings prices, BNR official says

We are aware that at some point Romania must adopt the single currency, but for this we need two things: a roadmap and consensus among the population, BNR Deputy Governor Liviu Voinea said on Wednesday, during the Euromoney conference in ...

Read More »

Romania, among the last on EIB investments per capita in 2015

Romania, among the last on EIB investments per capita in 2015

The European Investment Bank Group (EIB), the world’s largest multilateral financial institution, announced a record lending in 2015, totalling EUR 84.5 billion. However, the main beneficiary of EIB investment was Slovenia, with EUR 2,125 per capita, while Romania and Bulgaria ...

Read More »

Possible risks and vulnerabilities should not be neglected, WB delegation in Romania stresses

Possible risks and vulnerabilities should not be neglected, WB delegation in Romania stresses

Certain possible risks and vulnerabilities should not be overlooked, was one of the conclusions following World Bank delegation’s visit in Romania, headed by Cyril Muller, regional vice president for Europe and Central Asia, after the official meeting had with President ...

Read More »

FDI in Romania, on an upward trend at end-November, to almost EUR 2.9bn

FDI in Romania, on an upward trend at end-November, to almost EUR 2.9bn

Non-residents’ direct investment in Romania totalled EUR 2,883 million, up by EUR 761 million over the level recorded in the period January-November 2014, National Bank of Romania (BNR) estimates show on Wednesday. Of which equity (including estimated net reinvestment of ...

Read More »

Euro passes the RON 4.53 threshold first time this year

Euro passes the RON 4.53 threshold first time this year

The national currency depreciated to 4.5333 units per euro, according to the exchange rate announced by the central bank, compared to Monday reference of 4.5270 units, for the first time this year. The depreciation pressures will continue given the international ...

Read More »

Belgian aerospace company gets EBRD loan of USD 8.5 M to spread its wings in northwestern Romania

Belgian aerospace company gets EBRD loan of USD 8.5 M to spread its wings in northwestern Romania

Belgian aerospace company SONACA (Société Nationale de Construction Aérospatiale SA) expands its operations in Romania after receiving a USD 8.5 million loan from the European Bank for Reconstruction and Development (EBRD), a press release informs on Monday. “Sonaca’s new plant ...

Read More »

Romania should borrow from foreign markets as soon as possible, Erste suggests

Romania should borrow from foreign markets as soon as possible, Erste suggests

The recent cutting of reserve requirements on foreign currency made by Romanian central bank (BNR) could pave the way for the issuance of euro-denominated bonds on the domestic market in the first quarter, Erste Group report released on Monday shows. ...

Read More »