English Section

"In 1997, the Lombard interest rate rose from 50% to 674%, in one night"

15 aug. 13:48
Fotografie de MAKE

* (Interview with Radu Graţian Gheţea, President - CEO of CEC Bank)

In banking there are many risks and that is why banks need to be flexible and have as diverse an exposure as possible, which take the market circumstances at the time into account, says Radu Graţian Gheţea, President and CEO of CEC Bank. He told us, in an interview: "We have to adapt to what is happening in the market and we need to do things in such a way that the economic activity and that of the bank both function properly. If we're going with the idea that we want to eliminate every risk, then we'll just stop doing anything. For instance, we have been and we are a bank which heavily funds agriculture, which also means animal husbandry. A few years ago, our exposure to the aviculture sector was rather significant, and when the avian flu came we had to cover some non-performing loans on that segment. Now that the avian flu is done, we are facing the swine flu. What should we do, stop lending?"

Reporter: Lately, there have been opinions from some experts who are saying that there is a wave of non-performing loans of the ones taken out by the First Home Program. What is your comment on these statements?

"Banks of the future need to speak the same language as the new generations"
08 aug.

"I would wholeheartedly vote for a Romexit"
31 iul. Andrei Iacomi

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27 iul. Călin Rechea (translated by Cosmin Ghidovean )

ECONOMIC ANALYST AURELIAN DOCHIA PREDICTS:"A hike in taxes, unavoidable in the near future"
23 iul. Ramona Radu (translated by Cosmin Ghidovean)

BECAUSE AN AGREEMENT ON THE PRICE COULDN'T BE REACHED, The Alro Public Offer has failed
23 iul. Andrei Iacomi (translated by Cosmin Ghidovean)

Russia World CupThe last assault in Moscow: France - Croatia
13 iul. Dan Nicolaie (translated by Cosmin Ghidovean)

FOOTBALL AND MONEYProfessionally sold image
09 iul. Dna Nicolaie (translated by Cosmin Ghidovean)

The global water crisis is avoiding Romania
05 iul. Dna Nicolaie (translated by Cosmin Ghidovean)

20 award winners at the Gala of the BURSA Construcţiilor magazine
02 iul. EMILIA OLESCU

A VOTE FOR AN UNFORGETTABLE SUMMERA hopeless vote of no-confidence
27 iun. GEORGE MARINESCU

The transition towards autocracy1
25 iun. Cristian Pîrvulescu (translated by Cosmin Ghidovean)

Three scenarios for the suspension of the President
19 iun. GEORGE MARINESCU

The chronology of the reunion
12 iun. A.V.

The banking revolution in Switzerland
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Again about the Second Pillar in 1000 words
23 mai. DANIEL IONESCU (translated by Cosmin Ghidovean)

GABRIELA MIHAELA VOICILĂ, THE BUSINESS ENVIRONMENT MINISTER:"Where there are entrepreneurs there is creation, where there are women entrepreneurs there is divine creation"
16 mai. Emilia Olescu (translated by Cosmin Ghidovean)

IN THE LAWSUITS AGAINST THE BANKSThe courts have begun freezing the Euro exchange rate at the historic value
14 mai. Emilia Olescu (translated by Cosmin Ghidovean)

IN THE ROMANIAN BANANA REPUBLIC...The exogenous factor provides, bless the exogenous factor!
09 mai. Călin Rechea

The promised embassy in Jerusalem1
08 mai. MAKE

Iohannis has established the course of the law of the judicial system: The Venice Commission - the Romanian Constitutional Court
03 mai. O.D. (Translated by Cosmin Ghidovean)

Financial fair-play means health of the press
03 mai. DAN NICOLAE (translated by Cosmin Ghidovean)

Rich - healthy, longevous; poor - fat chance of both
27 apr. MAKE (translated by Cosmin Ghidovean)

DEPUTY PRIME-MINISTER VIOREL ŞTEFAN: "The sale of ArcelorMittal Galaţi will be done only with the explicit agreement of the Romanian state"
25 apr. Ancuţa Stanciu (translated by Cosmin Ghidoveanu)

Iliescu on trial - history begins now...
20 apr. George Roncea exclusively for BURSA (translated by Cosmin Ghidoveanu)

"Mission Accomplished!"
16 apr. Vlad Dobrea (translated by Cosmin Ghidoveanu)

Soros, Rothschild, Rockefeller and a buddy of mine from India are investing in the farce called Bitcoin
12 apr. MAKE translated by Cosmin Ghidoveanu

FOR THE FIRST TIME AFTER THE LOSS OF 2.6 BILLION LEI OF 2014BCR proposed the distribution of dividends
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Does the National Bank of Romania still have a monetary policy strategy?
30 mar. Călin Rechea (translated by Cosmin Ghidoveanu)

No investor have expressed interest in the privatization of the Sanevit Arad syringe factory
28 mar. Translated by Cosmin Ghidoveanu





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