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“According to data provided by the market institutions and IFG (International Factors Group), Romanian factoring industry was evaluated at €1.3 billion in 2009. Both banks and...
Banks’ bad debt reserves advanced by only 0.3% in September to 12.89 billion lei (€3.07 billion), after a monthly growth rate of 6.5% in August. In the Jan-Oct 2009 period, banks set...
Frauds, especially those by cloning or skimming your cards have became a major threat to plastic holders in Romania as banks started to diversify...
President Traian Basescu declared that local banks preferred to conclude a smaller number of loan contracts but with higher values and that they...
Central Bank has requested twice this year capital raise at two banks with a market share below 1%, as their solvency dropped too fast or reached a...
Central Bank has requested twice this year capital raise at two banks with a market share below 1%, as their solvency dropped too fast or reached a...