banking sector

The banking sector’s exposure to the commercial real estate market (CRE) (excluding the residential segment) exceeded RON 100 billion in September 2024, accounting for half of its total exposure to non-financial corporations. This…

by Dimitrios Goranitis, Deloitte Global leader Financial Services Industry Risk and Regulatory. The so-called transition to a new multipolar world order has promoted a reverse globalization trend for international trade, increasing…

During 1990-2020,  the Romanian banking sector’s economic impact is estimated to stand at 2,247 billion lei, according to the survey ″The contribution of the banking sector to the  economy in the last 30 years″, drawn up by KPMG Advisory,…

The COVID-19 crisis is expected to accelerate the consolidation of the banking sector in the Central and Eastern Europe (CEE) in the following years, as smaller players might not be able to weather the profitability and capital challenges,…

Opinion article by Dimitrios Goranitis, Risk Advisory Partner, Deloitte Romania, and leader of the financial services industry. The Banking Union was Eurozone’s response to the financial crisis of 2010. It became apparent to…

A new EIB report published today, the CESEE Bank Lending Survey, provides insights into banking group activities and business expectations in Central, Eastern and Southeastern Europe (CESEE). The report analyses portfolios, demand and…

European Commission representative Isabel Grilo said on Friday that pension increases "have generated deviations and have increased public debt." To counterbalance this situation that could lead Romania to collapse, the European…

Two major international development banks, the European Bank for Reconstruction and Development and the International Finance Corporation (part of the World Bank), have officially complained to the Romanian Government about proposed new…

Following record growth and significant acceleration in the last couple of years, Romania’s economy is currently set for a rather uncertain future, says Johan Meyer, CEO Franklin Templeton Investments Bucharest Branch and Portfolio Manager…

The Coalition for Romania’s Development (CDR), representative for the business environment, has issued a communique warning that the avalanche of the fiscal-budgetary decisions announced Tuesday evening will have significant impact on the…