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Credit Bank 18 April 1997 Bankruptcy 9 November 2000 Albina Bank 13 May 1999 Bankruptcy 25 May 1999 Bancorex: 31 July 1999 Merged with Banca Comercială Română: 30 July 1999 Bankcoop 8 February 2000 Bankruptcy 8 February 2000 Columna Bank 22 June 2000 Bankruptcy 18 March 2003 International Religion Bank 10 July 2000 Bankruptcy 10 July 2000
ProCredit Bank was founded in 2002 as Banca de Microfinantare MIRO and was renamed in December 2004. [1]In 2013, the bank signed loan guarantee agreements with the European Investment Fund in order to give small and medium businesses in Romania better access to loans.
Ion Țiriac Bank was founded in 1991, and then in June 2005 it merged with HVB Bank Romania. [10] In the merger moment in 2005, Ion Țiriac Bank has a network of 60 units, total assets of 706 million (31 March 2005) and a market share of 2.9%, which ranks 11th in the banking system in Romania. [11]
Credit Europe Bank (CEB) is a Dutch-registered bank owned by the Turkish financial holding company FIBA Group. The bank is focused on corporate lending as well as on retail banking and operates in the eurozone countries of the Netherlands, Germany, Malta as well as in Romania, Switzerland and Ukraine.
The main tasks of the National Bank of Romania are the following: to define and implement the monetary policy and the exchange rate policy; to conduct the authorisation, regulation and prudential supervision of credit institutions and to promote and oversee the smooth operation of the payment systems with a view to ensuring financial stability;
When access to credit is combined with savings facilities, non-productive loan facilities, insurance, enterprise development (production-oriented and management training, marketing support) and welfare-related services (literacy and health services, gender and social awareness training), the adverse effects discussed above can be diminished. [41]
2004 - BCR is the first bank in Romania to install Currency Exchange Machines (CEM) 2005 - BCR enables the use of CHIP cards (smart-card) in its ATM and POS network 2006 – Banca Comercială Română launches for the first time, through the BCR University, the internship program – STUDENT BCR – allowing students to take internships in ...
A rotating savings and credit association (ROSCA) is a group of individuals who agree to meet for a defined period in order to save and borrow together, a form of combined peer-to-peer banking and peer-to-peer lending. Members all chip in regularly and take turns withdrawing accumulated sums.