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Articles in category Financial Services (Banking)

8 mln Bank Cards in Circulation
Almost.8 million bank cards are currently in circulation in Romania, according to figures provided by the National Bank (BNR), according to ING Financial News The increase rate in...
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Phishing Attempt on Card Owners Uncovered
Romanian Softwin company's data security division BitDefender and the IT experts of the Romanian Commercial Bank (BCR) uncovered early on July 18 a phishing attempt - i.e. an...
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Long-term loans in RON boom
Long-term credits in RON taken out by the population have surged, increasing their volume almost eight times in the last 12 months, to 7.31 billion RON (equivalent to...
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Cyprus offshore to make offer for Romexterra on behalf of MKB
An offshore company with unknown shareholders will make an offer for Romexterra Bank's shares as part of Hungarian MKB Bank's attempt to take control over Romexterra. Demera Investments...
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Romania, 3rd in the region in retail crediting
Romania placed third in a ranking of Central and Eastern European countries with the best prospects for the development of the retail crediting market. The first two spots...
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Government approves the final act of BCR's privatization
The government promoted through an emergency ordinance stipulations included in the law project regarding the completion of the privatization process of the Romanian Commercial Bank (BCR), said Minister...
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Millennium BCP to enter Romania
Millennium BCP bank plans to submit to the National Bank of Romania (BNR) an authorization request for the creation of a credit institution in Romania, according to Paulo...
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Allianz-Tiriac Posts 37% Growth in Jan-May'06
Insurance company Allianz-Tiriac posted underwritten gross premiums worth 128 million euros in the first five months, an increase of 37 percent from the same period in 2005, with...
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BNR changes crediting rules
Non-banking financial institutions (IFN) will be forced to comply with the settlements of the National Bank of Romania (BNR) included in the prudential stipulations regarding the crediting of...
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Raiffeisen fails to qualify for final stage of CEC privatisation
The Austrians at Raiffeisen are out of the race for the privatisation of CEC (Savings Bank). They bid less than the Greeks at NBG and the Hungarians at ...
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