Authorization of the credit institutions
, Romanian legal entities
The prior approval of the Bank of Greece is required for a credit institution
to invest in other companies in amounts that exceed the lower of GRD 700 million or 2 percent of capital.
The issue publishes information on operating credit institutions
with the participation of non-residents as of 1 October 2017.
Until recently, there were close to one hundred cooperative credit institutions
, which were not controlled by the cooperative central bank to which they were affiliated.
If the Commission finds that a third country does not grant EC banking institutions "effective market access comparable to that granted by the Community to credit institutions
from that third country," it may submit proposals to the Council for an appropriate mandate to negotiate such access.
2017, on the revocation of the banking licence from the Moscow-based credit institution
JSC Payment Clearing House;
The end-March 2017 data refer to 345 banking groups and 3,090 stand-alone credit institutions
operating in the EU (including foreign subsidiaries and branches), covering nearly 100% of the EU banking sector balance sheet.
Moscow-based Trade Construction Bank, Buzulukbank, located in the Orenburg Region in the south Urals and the non-bank credit institution
, First Land Settlement Centre, based in Kursk, have lost their licenses.
Under the directive, "the most important criterion which the credit institutions
should consider, when assessing an application for granting a facility, is the customer's income and source of repayment and eventually customer's ability to repay.
To this end, article 13 (2) of the Directive for Managing Delinquencies states that credit institutions
must implement a fair and sustainable pricing policy for restructuring loans.
The list of major international credit institutions
considering the Bulgarian market includes JP Morgan, Goldman Sachs Europe, Barclays Bank, Commerzbank, Saxo Bank, Merill Lynch International, Morgan Stanley International, Erste Group Bank, the Royal Bank of Scotland, Credit Suisse, and the London branch of China Construction Bank.
The National Bank of Romania (NBR) has released its quarterly report on aggregate indicators for credit institutions
for the fourth quarter of 2009.