24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Slightly Up Vs Euro, Exchange Rate At 4.4408
The Romanian leu rose slightly against the euro by midday Tuesday and the central bank’s reference strengthened to 4.4408 units, from 4.4488 units a day earlier.
Bank Payment Refusals Fall 28% On Year In Jan-May
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 3.05 billion lei (EUR682.2 million) in the first five months of 2014, down 28% on the year.
Garanti Bank Ups Romania 2014 GDP Growth Forecast To 2.9%
Garanti Bank Romania has revised upward its forecast on the country’s economic growth to 2.9% in 2014, from 2.6% previously, citing a better-than-expected performance during the first quarte...
Romania Raises RON13.5M In Non-competitive Bond Sale
Romania’s Finance Ministry on Tuesday raised a lower-than-planned 13.5 million lei (EUR3.03 million) at a supplementary non-competitive tender for its June 2021-dated bond reopened yesterday...
Leu Ends Lower Vs Euro In Quiet Market
Romania’s leu weakened against the euro in a quiet market Monday to finish the session at 4.444/4.447 units, from 4.4395 units a day earlier.
Impact Raises RON66.64M In First Round Of Capital Offering
Romanian realty developer Impact Developer&Contractor has raised 66.64 million lei (EUR14.98 million) during the first round of a public stock offering whose proceeds will be used to increas...
Raiffeisen Bank Groups Investment Banking Operations Into Single Unit
Austria’s Raiffeisen Bank International AG has grouped all its investment banking businesses in Romania into a single unit operated by Raiffeisen Bank’s Treasury and Capital Markets division...
Romania Sells RON557M 10-Year Bonds At 3.88% Average Yield
Romania’s Finance Ministry on Monday raised a higher-than-planned 556.9 million lei (EUR125.2 million) in a reopening of its 10-year bond due June 2021, as the average yield fell to 3.88% a...
Leu’s Exchange Rate Falls To 4.4488 Vs Euro
The Romanian leu advanced slightly against the euro in the first half of the trading session Monday, but the central bank’s reference weakened 0.2% to 4.4488 units, its lowest level since Ap...
EIB Lends EUR30M To Romanian BCR Leasing For SMEs, Midcaps Financing
The European Investment Bank is lending EUR30 million to Romanian BCR Leasing to support the undertakings of small and medium-sized enterprises (SMEs), midcap companies and public entities i...
Australian ADX Energy Mulls EUR100M Investment In Romanian Oil Field
Australian oil and gas company ADX Energy estimates it might invest up to EUR100 million in its oil field in Timis County, western Romania, and is looking for investors to help develop the p...
Bucharest Stocks Close In Red, Attuned To Region
The Bucharest stocks closed lower in thin volumes Friday, tracking the markets in the region, amid geopolitical concerns after a Malaysian passenger jet was shot down over Ukraine yesterday,...