CĂUTARE (102)

The rigid approach of tightening the fiscal environment is the worst option the Government can take at the moment, said yesterday the participants at the press conference "What are we doing with the Romanian economy?", organized by the...

The rigid approach of tightening the fiscal environment is the worst option the Government can take at the moment, said yesterday the participants at the press conference "What are we doing with the Romanian economy?", organized by the...

Banca Israelului a cerut băncilor să prezinte un plan de redirecţionare a depunerilor din conturile curente către depozite, după ce băncile au încetat să plătească dobândă pe aceste conturi, potrivit presei israeliene.

The Bank of Israel has requested that banks present a plan to redirect deposits from current accounts to term deposits, after banks stopped paying interest on these accounts, according to the Israeli press. The letter sent by the Bank of Israel...

George Simion, the president of the Alliance for the Union of Romanians and candidate of this party in the presidential elections of November 24, offers houses to all the people. Simion's offer? 35,000 euros for a two-room apartment of 50-52...

Humanity is also preparing for an extreme crisis situation. A warehouse set up in an area of the Arctic covered in ice to save the world's agricultural crops from extinction has received batches of seeds from the largest number of new...

Inflation has decelerated this year, while interest rates offered by commercial banks to the public have fallen slightly in recent months, but rates are still in negative real territory, which, in terms of purchasing power, favors borrowers over...

The governor of the National Bank of Romania spoke publicly for the first time regarding the transfer of consumer protection duties from ANPC to the central bank. Although he wanted to appear categorical, Mugur Isărescu appeared rather undecided....

• Bank of England bringing back discussions about negative interest on loans 

In banking there are many risks and that is why banks need to be flexible and have as diverse an exposure as possible, which take the market circumstances at the time into account, says Radu Graţian Gheţea, President and CEO of CEC Bank. He told...

After moving to second spot last year in the domestic banking system, through the acquisition of Volksbank, Banca Transilvania (BT) ends up on equal footing with BCR, taking over Bancpost, from Greek group Eurobank.

The Council of the European Union and the European Parliament have sent to the ECB, in the beginning of this year, a request concerning the sending of some proposals to revise the framework for managing crises.

All the banks that have granted CHF loans will be audited by the National Consumer Protection Authority (ANPC), its chairman Bogdan Pandelică, announced yesterday in the Economic Commission of the Senate.

Twenty seven banks haven't paid any profit tax in the last 6 years, which has shaken Minister of Public Finances Ionuţ Mişa, as well as some MPs, bankers and even the Governor of the National Bank of Romania (NBR) Mugur Isărescu.

• UPDATE The liquidation of Veneto Banca and Banca Popolare di Vicenza can cost 17 billion Euros 

The spasmodic evolution of the shares of Monte dei Paschi (BMPS) on the Milan stock exchange is nearing its end, as the reality of bankruptcy and the need for nationalization can no longer be denied.

Raiffeisen Bank Internaţional is about to lose any chance of taking the Romanian state to the International Centre for Settlement of Investment Disputes (ICSID), after sending a notification to the Romanian institutions about the law of giving in...

Six investors, including American funds Apollo Global Management and KKR, are interested in the platform that will manage non-performing loans of approximately 9 billion Euros of the portfolio of "Banca Monte dei Paschi di Siena" SpA,...

When I think of "Bogdan Olteanu", a list of names comes to my mind, a list that I reproduce in no particular order: Mugur Isărescu, Dinu Patriciu, Alina Gorghiu, Lucian Isar, Sorin Ovidiu Vîntu, Călin Popescu Tăriceanu, Daniel Zamfir,...

The bail-in (the seizure of unguaranteed deposits to save distressed banks) has become a hot topic over the last few days, increasingly approached by the media institutions, but also by analysts, legal experts and members of Parliament.

The reaction of NBR counselor Cristian Bichi, who posted on the NBR website the following clarifications, is increasingly important for BURSA's readers, because the "bail-in" subject (which BURSA has been debating since 2013) has been...

In a banking system built on the foundation of money being created by banks through granting loans and fractional reserves, insolvency is the natural state of things.

Klaus Iohannis is concerned with the local elections, while the head of his government, Dacian Cioloş, tells us that healthcare has been his "top" priority, while the head of the Ministry of Healthcare - Cadariu Achimaş Patriciu - is...

The presentation of the "benefits of socialism" in the version of American Bernie Sanders, who is campaigning to become the candidate of the Democratic Party in the presidential elections in the US, has somehow made it to the front page...

Banca Comercială Carpatica (BCC) is going down the road of the merger with Nextebank, after a few other failed attempts, so far, and after resounding failure of the talks with American fund JC Flowers.

I've been thinking for one night and one day, but I still couldn't figure out why Jean Claude Juncker said that, without the Schengen Space, the Euro itself is losing its reason to exist.

Economic analysts have relatively different opinions concerning the new regulations, which are set to be passed by the head of state.

The heated debates around the law of giving in payment of the ban collaterals have brought to the attention of the public a number of arguments which were far too underexplained by those that used them.

Reporter: What will be the first effects which the Giving in Payment law, passed a few days ago in the Parliament, will have on the banking system?

When all the arguments that would justify your lack of action in an area of primordial social interest, in relation to which you are claiming absolute competence, all that is left for you is to switch to forcing the creation of...

Romania will be forced to pay penalties for every day of delay until it fully transposes the legislation on Bank Recovery and Resolution Law (BRRD), which also involves the application of the bail-in (a procedure which involves the confiscation...

Reporter: How did the activity of Romanian banks with Greek shareholders go lately, in the context of the Greek crisis?

The crisis in Greece has not left depositors that are keeping their money in Romanian banks with Greek capital indifferent, as a significant number of individuals and companies have withdrawn the money from their bank deposits.

Depositors that have amounts larger than the maximum guaranteed amount of 100,000 Euros have begun withdrawing their money, as demonstrated by the report of the Fund for the Guarantee of Bank Deposits (FGDB).

European leaders have been insistently repeating lately, the discourse of the faith in Greece and in the government in Athens has been lost, as if they were examples of dependability and morality.

Even though the NBR assures citizens that their deposits are safe, some politicians' statements could create panic among depositors, which would lead to massive withdrawals from banks. It is well known that a bank can very easily be...

Who benefits from the Greeks' vote on Sunday and how? Who gains what? Perhaps it wouldn't be meaningless to even ask ourselves who wins or who loses. In this game with a lot of money at stake (hundreds of billions) and cheap politics, the...

Reporter: What do you think the new banking model will look like in Europe?

The Romanian authorities want Romania to enter the Eurozone, but they are not capable of transposing the provisions of the European legislation into ours, and when they do, they do it incorrectly, says Nicolae Cinteză, the head of the oversight...