Franklin Templeton Investment Management Limited United Kingdom received on July 12 the National Securities Commission (CNVM) approval for distributing 11 Franklin Templeton funds with investments in
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The effects of the ongoing economic and financial crisis on the Romanian banking system became visible in the financial reports as well, a trend that was
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The National Bank of Romania (BNR) is to launch the euro payment system Target 2 Romania on July 4, the national component of the European euro
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The Government of Romania is expecting an economic growth of 1.5 percent in 2011 and of 3.75 percent in 2012, on solid exports and gradual recovery
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In the hope of winning over sceptical national governments, the European Parliament has proposed setting up an inter-parliamentary assembly to define the EU's spending priorities for
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Piraeus Bank started its activity as market maker on the government bonds market on the Bucharest Stock Exchange (BVB).
'In the beginning, we will quote only
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In the first five months of the year, Banca Comerciala Romana - BCR has disbursed over EUR 475 million (RON two billion plus, for an exchange
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Private pension funds made over 106 million euros in 2010 profit, up by more than 61 pct from 2009, shows the annual report of the Private
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The Balkan banking system should be able to stand up to the gradual withdrawal of credit lines from Greek banks to their subsidiaries but a Greek
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Romania's Government will miss this year's budget deficit target of 4.4%, agreed upon with the International Monetary Fund, as there is a high likelihood of "fiscal
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Top German banks exposed to Greek sovereign bonds have started to play hard ball with EU governments by asking for further guarantees and incentives if they
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The Romanian banks will report the financial results by the International Financial Reporting Standards (IFRS) starting in 2012 and, therefore, they must submit measure plans to
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Creditation potential on the retail is minimum, if they take into consideration the present level of population income, and it will stay low over the next
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The National Bank of Romania (BNR) has taken the necessary measures to prevent any incident related to the commercial banks operating in Romania amidst the Greek
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Greek companies operating in Romania on Greek capital - Bancpost, Alpha, Piraeus and Banca Romaneasca- have injected at least 1 billion euro in the biggest real
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Romanian banks with Greek capital are very solid and their capitalization is better than the one witnessed in the baking system in Romania, National Bank of
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The crisis in Greece wil most surely affect Romania and Bulgaria and the consequences started to make themselves felt: the first effect was a decrease of
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The net assets of the privately managed pension funds (pillar II) reached 5.184 billion lei (1.258 billion euros) in late May, 2.48 percent higher than April
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Retail is no longer the star of yesteryear but continues to be an opportunity, Sorin Mititelu, head of BCR's Business and Retail Products Development Department, told
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The National Bank of Romania (BNR) does not expect an increase in the non-performance rate of the Swiss francs loans, neither will it adopt the same
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