Articole cu tag-ul: bank, otp, pierderi, România

Danske Bank forecasts RON 4.45/€1 exchange

“Events on the political stage and perspectives regarding the result of negotiations with the International Monetary Fund continue to put pressure on the leu. We, Danske Bank, estimate an exchange rate of RON 4.60/€1 for the coming 12 months and of 4.45 units/€1 in the coming three months,” Head of Emerging Markets within the Danish ...

Romanian bank loan losses expected to reach €10 bln

The financial institution estimates that the losses of local lenders caused by nonperforming loans could amount to nine percent of Romania’s gross domestic product (GDP), namely RON 43 billion (some €10 bln), almost one quarter of the total nongovernmental loan. However, this amount is lower than in other countries, such as Poland and Hungary, where ...

Banks use internet banking to battle each other

“A bank is advanced, in terms of services, when the client does not have to come to the bank very often. Also, any branch generates expenses for the bank. I believe that, in future, lenders will have branches only in those areas where interest is high, especially on the corporate segment. Besides that, internet banking ...