Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
BCR Posts Loss Of RON276.6M In 1H, On High Provisioning Costs
Romania’s largest lender Banca Comerciala Romana, or BCR, turned to losses in the first year-half due to “sustained provisioning associated to balance sheet clean-up.”
Romania Housing Permits Up 2% To 17,749 In First 6 Months
Romanian housing permits rose 2% on the year to 17,749 units in the first year-half, the country’s statistics institute INS said Monday.
Business Outlook: Executives Expect Growth In All Sectors In 3Q
Romanian managers expect activity in all economic sectors to grow in the July-September period compared with the previous three months, the statistics institute INS said in a survey Monday.
BNR: Romania Private Lending Inches Down 0.4% In June
Romanian private lending went down 0.4% on the month in real terms to 215.4 billion lei (EUR48.5 billion) in June, amid a further decline of foreign currency loans, central bank data showed...
EBRD Delegation Visits Romania
A delegation from the European Bank of Reconstruction and Development’s Board of Directors is on a four-day mission in Romania, the bank said in a statement Tuesday.
Electrica Shares Fall, Bucharest Bourse Follows Trend
The Bucharest stock exchange closed down Thursday, with the BET index losing around 0.7%, while Electrica shares lost 1.8%, falling behind the initial offering price.
Weekly Export Risk Outlook, July 9
The Irish economy strongly rebounded in the first quarter, on the back of dynamic exports and despite a surprising decline in private consumption, Euler Hermes noted in its Weekly Export Ris...
Romania’s Construction Output Extends Decline In May
Romanian construction output fell 1.3% in May, after a 4.7% decline in the previous month, as investors are still reluctant to start new projects.
Bucharest Stocks End Down, In Sync With Foreign Markets
The Bucharest stock exchange was down for most of Monday session, staying in line with international markets, as no major events caught the attention of local investors.
Leu Stays In Narrow Range, Exchange Rate Weakens Slightly To 4.3897
The Romanian leu traded in a narrow range against the euro Friday morning, and the central bank set the official exchange rate at 4.3897 units.
Erste Shares Tumble After Profit Warning
Erste Group Bank (EBS.RO) traded down more than 13% in Bucharest Friday morning, after the Austrian banking group issued a profit warning yesterday.
Leu Flat Vs Euro On Low Volumes
The Romanian leu was stable against the euro in early trade Friday, on low volumes, with dealers expecting a quiet session as the US market is closed for a national holiday.