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Tag: banks

Commission issues MEMO on state aid rules on financial sector support, relating to Cyprus

June 28, 2016July 31, 2019 CNA CNA, NEWS aid rules, banks, Cypriot Bank, European Commission, financial sector, guarantee scheme, memo
Commission issues MEMO on state aid rules on financial sector support, relating to Cyprus

The European Commission issued today an official MEMO on state aid rules on financial sector Support, explaining a decision on Cypriot Bank guarantee scheme. The

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Banks anticipate they will tighten mortgage lending in Q1 2016 (BNR survey)

February 2, 2016July 31, 2019 Agerpres AGERPRES, NEWS banks, loans, mortgage loans, National Bank of Romania, real estate, requirements
Banks anticipate they will tighten mortgage lending in Q1 2016 (BNR survey)

Banks in Romania slightly eased the conditions for granting housing loans in the last quarter of 2015, on grounds of rising demand, however they anticipate,

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Banks agree on scheme offering 10-40% discount on Swiss franc loans

December 8, 2015July 31, 2019 CNA CNA, NEWS banks, Central Bank, discount, House Finance Committee, loans, Swiss francs
Banks agree on scheme offering 10-40% discount on Swiss franc loans

Three financial institutions have agreed on voluntary schemes with the Central Bank of Cyprus, to address the problem faced by consumers who borrowed in Swiss

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President Iohannis promulgates new regulations concerning bank deposit guarantees

December 3, 2015July 31, 2019 Agerpres AGERPRES, NEWS bank deposits, banks, Klaus Iohannis, National Bank of Romania, Presidential Administration
President Iohannis promulgates new regulations concerning bank deposit guarantees

President Klaus Iohannis on Thursday signed a decree promulgating a law concerning deposit guarantee schemes and the Bank Deposit Guarantee Fund, the Presidential Administration reports.

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Central Bank: Bulgaria's Banking System Has High Liquidity, Is Independent of Negative Developments in Neighbouring Countries

June 29, 2015July 31, 2019 BTA BTA, NEWS banks, Central Bank, economy, Greece

Sofia, June 29 (BTA) – The Bulgarian National Bank said on Monday that Bulgaria’s banking system has very high levels of capital adequacy and liquidity

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Fitch Affirms Three Bulgarian Banks

June 23, 2015July 31, 2019 BTA BTA, NEWS banks, Bulgaria, Fitch, ratings
BTA logo

Sofia/London, June 23 (BTA) – Fitch Ratings said Tuesday that it had affirmed the Long-term Issuer Default Ratings (IDRs) of  Allianz Bank Bulgaria AD (ABB),

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NPLs remain at high level at the end March 2015

June 22, 2015July 31, 2019 CNA CNA, NEWS banks, Central Bank of Cyprus, deposits, high level, loans, Non–performing loans, npl
NPLs remain at high level at the end March 2015

Non – performing loans in Cyprus’ banks remained at the same high levels at the end of March 2015, according to figures released on Monday

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Loan sales a tool to reduce NPLs in Cyprus, CIFA President says

May 3, 2015July 31, 2019 CNA CNA, NEWS Angelos Gregoriades, banks, Central Bank, CIFA, Cyprus, Cyprus Investment Funds Association, loan, npl, real estate, sales
Loan sales a tool to reduce NPLs in Cyprus, CIFA President says

Loan sales would assist, if properly deployed, the Cypriot banks to reduce their large stock of non-performing loans, and mainly the loans associated with the

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International banks to update investors on Cyprus funding strategy

April 27, 2015July 31, 2019 CNA CNA, NEWS banks, bond market, Cyprus, eurozone, finance ministry, Fitch, funding, investors, MOODY'S, S&P
International banks to update investors on Cyprus funding strategy

Cyprus plans to tap the international bond market and to this end the Finance Ministry announced on Monday that is has mandated four large international

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BNR’s Isarescu: banks lost 3.6bn lei over 11 months, converting Swiss franc credits would cost 5.7bn more

January 30, 2015July 31, 2019 AGERPRES AGERPRES, NEWS banks, BNR, conversion, Governor, loans, mugur isarescu, Romania's Central Bank, swiss franc
BNR’s Isarescu: banks lost 3.6bn lei over 11 months, converting Swiss franc credits would cost 5.7bn more

Romania’s banking system lost 3.584 billion lei over the first 11 months of 2014, in line with the IFRS standards, according to a presentation by

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