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Tag Archives: euros

Number of debtors to banks continued to grow in August

The number of individuals with more than 30 days arrears in banks and non-banking financial institutions increased by 1.14 percent in August compared to the previous month, reaching 676,017, National Bank of Romania (BNR) data shows. They had arrears of ...

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Council for SMEs has calculated the costs related to the political crisis under the ‘PSD trade mark’: At least EUR 2bn

The impact of political instability could reach EUR 2 billion by the end of the year, driven by higher interests and higher borrowing costs for the state, as well as by rising costs for imported products, said Florin Jianu, representative ...

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BT: Volksbank takeover procedures completed

Banca Transilvania (BT) has completed the acquisition of Volksbank on Tuesday and will provide customers with loans in CHF the conversion in EUR or RON with a reduction of 22.5%, plus the repayment of amounts paid for the risk premium ...

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