Archive » September 2008 » 09 September 2008 The english news from 09 September 2008
Brokers say stock market boom is not crisis end
Quotations on European and Asian stock markets rose 4-5 percent yesterday, boosting the shares on the local market up to 10 percent, after the U.S. government decided to nationalize financial giants Freddie Mae and Fannie Mac…
Real estate market standstill had no impact on banks
The recent decline in transactions on the residential market did not impact on local lenders' mortgages sales, bankers say. However, insecurity related to the real estate market, caused by the international financial turmoil, and more expensive financing led to a 2 percent decline in loans granted for residential acquisitions in July…
Romania's top lender BCR targets 500,000 users for its current account package by the end of 2008
Romania's largest bank by assets, Banca Comerciala Romana (BCR), aims to reach about 500,000 users of its current account package at the end of the year, one of the lender's managers announced…
GarantiBank Romania removes commission on cash withdrawal
GarantiBank Romania, the Romanian branch of GarantiBank International NV, announced today that GarantiBank24 debit card owners will be able to withdraw cash from any ATM in Romania, without paying any commission…