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Romania Banking News. Service for global professionals. Constantly updated news and information about Romania.
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Latest Romania Banking News

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  • Service work, spending won't bring success Ron Bartizek Business LOCAL 8 Nov 2009 08:13 GMT
    ... , his due) can’t be done from Romania ... yet. Still, the labor market area ... how to turn the dross of subprime mortgages into bonus gold. No lesser American icon ...

  • Ailing Rangers poised to reveal losses of £8m 8 Nov 2009 00:41 GMT
    ... case over supporter violence last week in Romania, the club will publish its annual results ... run by the club's debt holders, Lloyds Banking Group. Speculation rested on the role of the ...

  • WB: 20-year market reforms in Europe and Central Asia deprived them of future 7 Nov 2009 10:50 GMT
    ... financing and coordination by Western European parent banks to maintain their exposures in Central and Eastern ... Kyrgyz Republic, Latvia, Lithuania, Moldova, Montenegro, Poland, Romania, the Russian Federation, Serbia, the Slovak Republic, ...

  • Turkish-Iranian Ties Strengthen Ahead of Ahmadinejad Visit 7 Nov 2009 14:10 GMT
    ... businessmen, new regulations in the fields of banking, customs and insurance will be enacted. An ... five countries -Austria's OMV AG, Hungary's MOL, Romania's Transgas, Bulgaria's Bulgargaz and Turkey's BOTAS (Turkey's ...

  • Doing the business 7 Nov 2009 00:55 GMT
    ... of gratitude." Dismal final score aside (the Romanian team won 4-1), the move was a ... in the midst of a recession, Scotland's banks and businesses don't have as much money to ...

  • Romania, between booms and busts 2 Nov 2009 12:34 GMT
    ... Between 2000 and 2009 Romania experienced one of Europe’s highest growth rates. ... real estate speculation. The local elite of bankers, industrialists, and legal professionals grew, made ever ... financed with cheap credit disbursed by newly-privatized banks. Yet the biggest engines of these systemic ...

  • UPDATE 1-ECB's Nowotny: fx loans main issue for Austrian banks 6 Nov 2009 15:37 GMT
    ... lending is the main issue for Austrian banks in emerging Europe and the central bank ... the top banks. In countries including Hungary, Romania, Poland, Ukraine and the Baltics, most mortgages ... key regulators of central and eastern Europe's banking sector, and Nowotny, along with his Hungarian ...

  • ECB's Nowotny: fx loans main issue for Austrian banks 6 Nov 2009 12:17 GMT
    ... lending is the main issue for Austrian banks in emerging Europe and the central bank ... the top banks. In countries including Hungary, Romania, Poland, Ukraine and the Baltics, most mortgages ... to repay state aid granted under the banking stability package. 'There are lenders who can ...

  • Top three Romanian airports strive to remain profitable 5 Nov 2009 23:13 GMT
    ... va aduna cele mai multe voturi. The Romanian factoring market has a big growth potential, ... acquisition. 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% ...

  • UPDATE 1-Romania's BRD 9-mths net lags on provisions 2 Nov 2009 07:40 GMT
    ... 198 pct BUCHAREST, Nov 2 (Reuters) - Romania's second-largest bank BRD BRDX.BX posted a 36.5 ... in the same period of last year. "Banking business suffered from the effects of the ... 18 percent to 2.5 billion lei, the banks said. Excluding one-off net earnings of about ...

  • TEXT-Romanian cbank keeps rates flat at 8.0 pct 3 Nov 2009 13:55 GMT
    ... BUCHAREST, Nov 3 (Reuters) - Romania's central bank unexpectedly kept its benchmark interest ... a firm management of liquidity in the banking system in order to consolidate the transmission of ...

  • Romanian PM nominee set for confidence vote defeat 3 Nov 2009 23:53 GMT
    ... BUCHAREST, Nov 4 (Reuters) - Romania's parliament is likely to reject prime minister ... will vote against Croitoru, a respected central banker. 'Croitoru has zero chance to succeed. It would ...

  • Statement after a joint Commission-IMF-WB mission to Romania 6 Nov 2009 13:52 GMT
    ... Statement after a joint Commission-IMF-WB mission to Romania A mission from the European Commission, the ... the strengthening of the regulatory framework for banks and the deposit insurance scheme. Other reforms to ...

  • Romanian Cops Raid Card-Skimming Ring 6 Nov 2009 23:50 GMT
    ... Police in Romania this week swooped in on 19 members ... marking the locations of 25 southern Florida banks. on Thursday for alleged skimming in the city ...

  • Internal Market and Services : Banking: Consumers to start benefiting from easier bank account switching from November 4 Nov 2009 12:13 GMT
    ... Banking: Consumers to start benefiting from easier bank ... national banking associations, with the exception of Romania, have taken steps to implement these self-regulatory ...


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Nov. 8

Gheorge Gheorghiu Dej, Romania party leader and President, was born.
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