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
Tag: banks
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,
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
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.
Central Bank: Bulgaria's Banking System Has High Liquidity, Is Independent of Negative Developments in Neighbouring Countries
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
Fitch Affirms Three Bulgarian Banks
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),
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
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
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
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