Archive » August 2008 » 29 August 2008 The english news from 29 August 2008

  • Intesa Sanpaolo Bank Romania raises H1 gross profit 27% y/y to EUR 5m

    Intesa Sanpaolo Bank Romania, the unit of Italy's second-biggest bank Intesa Sanpaolo SpA, reported an annual 27 percent increase of its gross profit in the first semester this year to 17.9 million lei, according to data from the mother bank…

  • Romania's leasing market could add only 20% this year on stagnate real estate and car leasing

    Romania's leasing market could advance only 20 percent this year to 6 billion euros as an effect of stagnate financing for real estate and car leasing after a new tax on pollution was introduced last month, in a worst-case scenario, Leasing Companies Association (ALB) representative said…

  • Brokerage companies lay off staff amid Stock Exchange crisis

    Prime Transaction, Confident Invest and GM Invest - three medium-sized brokerage companies on the Stock Exchange, have closed ten agencies over the last two months, and have laid off around 25 brokers, according to reports published in the weekly bulletins of the National Securities Commission…

  • Non-government credit sees surprising slowdown

    Private lending saw a surprising slowdown in July, the first decline since January 2007, amid a significant slowdown in foreign-currency lending. Sums saved by the population and by companies in banks also saw a decline last month…

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