Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Fitch Upgrades Banca Transilvania, Affirms 3 Other Romanian Banks
Fitch Ratings has upgraded the rating of Romanian lender Banca Transilvania (TLV.RO) to 'BB' from 'BB-', while affirming the ratings of UniCredit Tiriac Bank, ProCredit Bank Romania and Gara...
Romania Prepares New Eurobond For Fall
Romania’s Finance Ministry has prepared the documentation for the country’s first Eurobond of the year, but it waits for the right market conditions, and will most likely launch the sale in...
Romania Sells RON162M 3-Year Bonds At 2.1% Average Yield
Romania’s Finance Ministry on Thursday sold three-year bonds worth 162 million lei (EUR36.5 million), a little more than half of the targeted amount, at increasing yields.
Romanian Businessman Ion Tiriac Sells Its 45% In Unicredit Tiriac Bank
UniCredit Bank Austria AG bought the 45% stake in UniCredit Tiriac Bank from Tiriac Holdings for an undisclosed amount. Romanian businessman Ion Tiriac thus exits the bank he founded back in...
Isarescu: Romania Still Has Steps To Take Before Euro Adoption
Romania still has some steps to take before adopting the euro, which needs to be done at the right time, and not before some structural reforms were made, central bank governor Mugur Isaresc...
Ponta: Romania Plans IPO For Bucharest Airport Operator
The Romanian government started proceedings to list the Bucharest airport operating company, Aeroporturi Bucuresti, and the initial public offering is expected to be held on both a local and...
Romania 1Q Net Investment Up 8.5% To RON11.9B
Romanian first-quarter net investments rose 8.5% on the year to 11.93 billion lei (EUR2.69 billion), mainly due to the improvement in construction activity, data from the country’s statistic...
INS: Romania Retail Sales Resume Growth In April
Domestic consumption in Romania returned to growth in April, after surprising falls in the previous months, official data showed Thursday.
Romania To Launch Bond Sale To Public Next Week
Individual investors can subscribe between 8 and 19 of June at Romania’s first government bond sale to the public since 2005, and the final allocation will be announced on June 25, a finance...
Tourist Arrivals In Romania Up 15.3% On Year In April
Arrivals at Romanian tourism accommodation establishments rose 15.3% in April from the year-earlier month, while overnight staying increased 14.1% on the year, data from the statistics insti...
INS: Romania Unemployment Rate Up To 6.9% In April
Romania's unemployment rate rose slightly to 6.9% in April, from 6.8% in the previous month, seasonally adjusted data from the statistics institute INS showed Wednesday.
Romania's Forex Reserves Rose Slightly In May To EUR30.2B
Romanian foreign exchange reserves rose by 126 million euros to EUR30.22 billion in May, from EUR30.09 billion in the previous month, central bank data showed Tuesday.