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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
BNR's Popa: Parent Banks To Continue Deleveraging
Banks-Insurance

BNR's Popa: Parent Banks To Continue Deleveraging

Foreign banks have increased their funding withdrawal in Romania, but deleveraging remains disciplined, an official of the central bank said Wednesday.

Florentina Dragu · 07.08.2013 · 17:12 · 1 min
Romania Central Bank Will Do Everything Possible To Balance Loan Rates
Banks-Insurance

Romania Central Bank Will Do Everything Possible To Balance Loan Rates

Romanian central bank governor Mugur Isarescu Wednesday said that his bank would do “everything possible” to help narrow the gap between interest rates on domestic and foreign currency loans...

Florentina Dragu · 07.08.2013 · 15:11 · 1 min
Isarescu: Abusive Clauses Are Part Of Signed Contracts
Banks-Insurance

Isarescu: Abusive Clauses Are Part Of Signed Contracts

The so-called abusive clauses denounced by bank debtors are part of the loan contracts they have signed and therefore should be accepted as such, Romanian central bank governor said Wednesda...

Florentina Dragu · 07.08.2013 · 14:26 · 1 min
Leu Widens Loss Vs Euro, Exchange Rate At 4.4304
Capital Market

Leu Widens Loss Vs Euro, Exchange Rate At 4.4304

The Romanian leu extended its earlier loss against the euro by midday Wednesday, tracking the currencies in the region, and the central bank’s reference weakened 0.4% to 4.4304 units, from 4...

Florentina Dragu · 07.08.2013 · 13:29 · 1 min
BNR Revises Down Romania's Inflation Forecast To 3.1% In 2013, 2014
Macroeconomics

BNR Revises Down Romania's Inflation Forecast To 3.1% In 2013, 2014

Romania’s central bank has revised slightly downward its inflation forecast for 2013 to 3.1% from 3.2% previously, governor Mugur Isarescu said Wednesday.

Florentina Dragu · 07.08.2013 · 12:15 · 1 min
Leu Slides Vs Euro In Early Trade
Capital Market

Leu Slides Vs Euro In Early Trade

The Romanian leu retreated against the euro Wednesday morning and traded near 4.42 to the euro, amid low volumes.

Florentina Dragu · 07.08.2013 · 10:36 · 1 min
INS: Industrial New Orders Up 8.8% On Year In First Half
Macroeconomics

INS: Industrial New Orders Up 8.8% On Year In First Half

Romanian new orders increased by 8.8% on the year in the January-June period, supported by growth in most sectors, the country’s statistics institute INS said Wednesday.

Florentina Dragu · 07.08.2013 · 10:00 · 1 min
Romania 1H Industrial Sales Rise 5.4% On Year
Macroeconomics

Romania 1H Industrial Sales Rise 5.4% On Year

Romanian industrial sales rose 5.4% in the first half of 2013 compared with the year-earlier period, fueled by higher demand for manufactured items, the country’s statistics institute INS sa...

Florentina Dragu · 07.08.2013 · 10:00 · 1 min
UniCredit Tiriac Bank 1H Net Profit Rises To RON203M
Banks-Insurance

UniCredit Tiriac Bank 1H Net Profit Rises To RON203M

Romania’s UniCredit Tiriac Bank on Tuesday said its net profit more than doubled on the year to 202.9 million lei (EUR46.2 million) in the first half, on higher revenue from fees and trading...

Florentina Dragu · 06.08.2013 · 18:24 · 1 min
Bucharest Stocks Close Up In Busy Trading; Fondul Proprietatea Rises 1.5%
Capital Market

Bucharest Stocks Close Up In Busy Trading; Fondul Proprietatea Rises 1.5%

Bucharest stocks closed higher in brisk trading Tuesday, with investment fund Fondul Proprietatea (FP.RO) gaining 1.5% to finish the session just below a record high of 0.675 lei (EUR0.153)...

Florentina Dragu · 06.08.2013 · 18:07 · 1 min
Leu Ends 0.2% Stronger Vs Euro In Lackluster Trade
Capital Market

Leu Ends 0.2% Stronger Vs Euro In Lackluster Trade

Romania’s leu appreciated against the euro in late trade Tuesday and finished the session 0.2% stronger on the day, amid average volumes.

Florentina Dragu · 06.08.2013 · 17:31 · 1 min
SIF Oltenia 1H Revenue More Than Doubles To RON190M
Capital Market

SIF Oltenia 1H Revenue More Than Doubles To RON190M

Romanian regional investment fund SIF Oltenia (SIF5.RO) Tuesday said its revenues more than doubled to 189.9 million lei (EUR43.2 million) in the first half, from RON86.66 million a year ear...

Florentina Dragu · 06.08.2013 · 16:09 · 1 min