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Balkans Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Balkans Banking.
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  • Jordan's central bank to continue dinar-dollar peg 22 Nov 2009 15:11 GMT
    ... Singapore - A Singapore court on Wednesday sentenced ... funds from a 4-billion-dollar standby loan to Serbia, which in return must curb spending and ...

  • Balkans caught by crisis late, to recover late - study 20 Nov 2009 17:18 GMT
    ... SARAJEVO, Nov 20 (Reuters) - The Balkans felt the impact of the global economic ... economic forecasts from international financial agencies and banks, Albania's gross domestic product will grow 0.7 percent ... Albania and Slovenia has grown 50-60 percent. Bosnia, Montenegro and Serbia have yet to reach ...

  • Bulgaria in Drive to Revive Lending 17 Nov 2009 01:15 GMT
    ... be allocated for short-term deposits at commercial banks through an auction process. Photo by BGNES Bulgaria plans ... per cent of the reserve from the central bank to commercial banks where it would earn ... EU funds gets under way. One Sofia-based banker said; “This is a good proposal by ...

  • After billions in aid, Kosovo still poor and idle 19 Nov 2009 11:20 GMT
    ... * 15 pct of people live on less than euro per day ... in its first vote since independence from Serbia in 2008, many are pessimistic about the ... a deal this month, according to the central bank governor. In Kosovo, unemployment is 40 ...

  • Bulgaria to deposit portion of fiscal reserve with banks - report 16 Nov 2009 11:16 GMT
    ... portion of its fiscal reserve with local banks, Finance Minister Simeon Dyankov told Financial Times in an ... already signed a secret deal with the central bank to make funds available to commercial banks. ... the report. The newspaper quoted one Sofia-based banker saying that Dyankov's proposal was a good ...

  • Joint statement by Commission and IMF after European Banking Coordination Initiative Meeting for Romania 18 Nov 2009 21:13 GMT
    ... statement by Commission and IMF after European Banking Coordination Initiative Meeting for Romania In a ... Group, held today in Brussels, the parent banks of the nine largest banks operating in Romania reaffirmed their ... (EIB), the World Bank Group, the European Central Bank and the home country authorities. The ...

  • HIGHLIGHTS-Speakers at Frankfurt's European Banking Congress 20 Nov 2009 11:15 GMT
    ... be stubborn in pushing through reforms, European Central Bank Governing Council member Axel Weber said ... Below are highlights of comments by central bankers and bankers at the European Banking Congress ... a very simple view of rating agencies. Banks when they look at ratings simply have to trade ...

  • Parent Banks Reaffirm Commitment to Romania, European Commission and IMF Say 19 Nov 2009 10:32 GMT
    ... Group, held today in Brussels, the parent banks of the nine largest banks operating in Romania reaffirmed their ... (EIB), the World Bank Group, the European Central Bank and the home country authorities. The ... support from multilateral lenders, will help Romania's banking system to better withstand the current downturn ...

  • EBRD to Provide EUR 20 M Loan to Allianz Bank Bulgaria 16 Nov 2009 23:12 GMT
    ... EBRD to Provide EUR 20 M Loan to Allianz ... provision of long-term funding available in the banking sector to be channelled to SME lending ... critical crisis times. ABB is a private commercial bank organised and functioning under the law ...

  • Croatia - Factors to Watch on November 18 18 Nov 2009 09:17 GMT
    ... Croatia's financial markets on Wednesday. ZAGREB - Central bank board holds a regular monthly meeting. ... of some 3.8 billion euros, followed by banks with 2.6 billion euros and the state with 750 million ... in order to cover their living costs. BANKING SECTOR'S GROSS PROFIT DOWN 21.7 PERCENT In ...

  • Press Release: Parent Banks Reaffirm Commitment to Romania, European Commission and IMF Say  18 Nov 2009 18:59 GMT
    ... new items of interest to you. Parent Banks Reaffirm Commitment to Romania, European Commission and IMF Say ... (EIB), the World Bank Group, the European Central Bank and the home country authorities. The ... support from multilateral lenders, will help Romania's banking system to better withstand the current downturn ...

  • Eurobank EFG AD (Serbia) - Company Profile - new report released 23 Nov 2009 03:13 GMT
    ... Eurobank EFG AD (Serbia) - Company Profile - ... EFG AD is the fifth largest universal commercial bank in terms of assets in Serbia. ... Eurobank Ergasias SA, part of Swiss-based international banking group EFG Group. The company profile contains ...

  • Hypo Alpe-Adria-Bank d.d. (Croatia) - Company Profile - new report released 23 Nov 2009 03:13 GMT
    ... Hypo Alpe-Adria-Bank d.d. (Croatia) - Company Profile - a ... Hypo Alpe-Adria-Bank d.d. is a leading universal commercial bank in Croatia. The bank is part of Austrian banking group Hypo Group Alpe Adria. The company ...

  • Hypo Alpe-Adria-Bank AD Beograd (Serbia) - Company Profile - new report released 23 Nov 2009 03:13 GMT
    ... Hypo Alpe-Adria-Bank AD Beograd (Serbia) - Company Profile - ... Hypo Alpe-Adria-Bank AD is a leading universal commercial bank in Serbia. The bank rangs third ... Hypo Alpe-Adria-Bank AD is part of Austrian banking group Hypo Group Alpe Adria. The company ...

  • TABLE-INDICATORS - Bosnia - Nov 16 16 Nov 2009 13:13 GMT
    ... SARAJEVO, Nov 16 (Reuters) - Following is a summary of ... 0.935 NOTE: Country-wide data released by the central bank. CURRENCY RESERVES (bln Bosnian marka) SEPTEMBER ... Bosnia News on South-east Europe and the Balkans Economic indicator news Keywords: BOSNIA INDICATORS/ (Sarajevo ...

  • Croatia - Factors to Watch on November 17 17 Nov 2009 09:36 GMT
    ... and events to watch which may affect Croatia's financial markets on Tuesday. AGROKOR AND INA ... period in 2008, State Statistics Bureau said. BANKS RESTRUCTURED 9 BLN HRK OF BAD LOANS The ... kuna ($1.84 billion) worth of loans, the central bank said. Reuters has not verified the ...

  • Uncertainty grows after first round of Romania poll 23 Nov 2009 10:32 GMT
    ... The president has little impact on day to day running ... in a 6 December run-off in the Balkan nation. Exit polls by pollsters INSOMAR and ... pervasive corruption and cooperate closely with the central bank to mend the stricken economy. But ...

  • UPDATE 1-Macedonia cbank chief- economy to rebound in 2010 20 Nov 2009 12:34 GMT
    ... FRANKFURT, Nov 20 (Reuters) - Macedonia's economy will contract this ... this year, but resume growth next year, central bank governor Petar Goshev said on Friday. ... Reuters on the sidelines of the European Banking Congress. 'Next year, we could have positive ...

  • Presidential election pivotal for Romanian economy 21 Nov 2009 23:54 GMT
    ... BUCHAREST, Nov 22 (Reuters) - Romanians vote on Sunday in ... and would likely work closely with the central bank on stabilising the economy. But political ... after the end of communist rule the Balkan country of 22 million is one of ...

  • Pivotal Romanian presidential poll starts 22 Nov 2009 08:45 GMT
    ... Romanians voted on Sunday in a closely-fought presidential election ... and would likely work closely with the central bank on stabilising the economy. But political ... after the end of communist rule the Balkan country of 22 million is one of ...

  • UPDATE 3-Incumbent president tops 1st round of Romania vote 22 Nov 2009 23:54 GMT
    ... BUCHAREST, Nov 22 (Reuters) - Incumbent Traian Basescu on Sunday ... in a Dec. 6 runoff in the Balkan nation. Exit polls by pollsters INSOMAR and ... pervasive corruption and cooperate closely with the central bank to mend the stricken economy. But ...

  • Bulgaria Finance Ministry refutes reported fiscal reserve plan 16 Nov 2009 14:17 GMT
    ... Bulgaria's Finance Ministry said on November 16 that ... to deposit fiscal reserve funds in commercial banks was erroneous. The government planned to deposit about one ... the fiscal reserve, now deposited at the central bank, could be transfered to commercial banks ...

  • Bulgaria Finance Minister Denies FT Drive to Revive Lending Report 16 Nov 2009 23:12 GMT
    ... Bulgaria Finance Minister Denies FT Drive to Revive ... fiscal reserve with local subsidiaries of foreign-owned banks as "out of date". “The cited comment by Minister Simeon ... October, when a secret deal between the central bank and the finance ministry about BGN ...

  • Macedonia cbank chief- Economy to rebound next yr 20 Nov 2009 11:15 GMT
    ... FRANKFURT, Nov 20 (Reuters) - Macedonia's economy will contract this ... this year, but resume growth next year, central bank governor Petar Goshev said on Friday. ... Reuters on the sidelines of the European Banking Congress. 'Next year, we could have positive ...

  • Eurobank EFG Bulgaria (Postbank) AD (Bulgaria) - Company Profile - new report released 23 Nov 2009 03:13 GMT
    ... Eurobank EFG Bulgaria (Postbank) AD (Bulgaria) - Company Profile - ... Bulgaria (Postbank) AD is a Bulgarian universal commercial bank. The company profile contains corporate history, ...


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