News » March, 2011 » 15 March 2011
Weiss: I will oversee the corporate banking division myself but I will not turn Bancpost into a corporate bank
15.03.2011, 23:47 | Finance-Banks | 784 views
Bancpost has many clients, also products, but multiple sales have not functioned so far, and relationships with clients are weak. Retail brings the largest part of revenues, but a systemic bank needs to be stronger on the corporate side as well. The area of large corporations is not sufficiently accessed. Costs need to be closely watched, and the bank needs to revert to sustainable profitability, inclusively on the rising market share. This is the general diagnostic given by Peter Weiss, a CEO with Bancpost since January 1, brought by Greek EFG Eurobank with the task of running the turnaround of the bank celebrating 20 years. Read more on ZF.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|
