24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Marfin Bank Romania To Be Sold Within 3 Months, Year-end At The Latest - CEO
The chief executive of Marfin Bank Romania, a unit of Cyprus Popular Bank, Thursday said his institution will likely change ownership in two to three months, in a transaction estimated at ab...
van Groningen Says Demand For Foreign Currency Loans Remains High
The chief executive of Raiffeisen Bank Romania Thursday said that local demand for foreign currency loans remains high despite restrictions imposed by the central bank in a move to limit the...
Leu Up Vs Euro, Exchange Rate At 4.483
Romania’s leu appreciated against the euro by midday Thursday and the central bank’s reference strengthened 0.3% to 4.483 units, from 4.4969 units a day earlier.
Raiffeisen Bank In No Hurry To Launch Bond
The head of Raiffeisen Bank Romania Thursday said the bank has sufficient liquidity and is in no hurry to launch its planned bond issue of up to 500 million lei (EUR111.2 million) announced...
Romania Hikes Medium-Term Notes Program Cap To EUR8B
Romania has increased the maximum amount it can borrow through its three-year medium term notes program to EUR8 billion from EUR7 billion initially.
Leu Gains 0.7% Vs Euro On Positive Sentiment
Romania’s leu extended earlier gains versus the euro in late trade Wednesday, tracking the currencies in the region, and closed 0.7% stronger on the day at 4.484/4.486 to the euro.
Bancpost CEO Says Romanian Banking System ‘Robust, But Oversized’
Romania has a strong and stable banking system, but it is rather oversized compared with the number of the active population, said Anthony Hassiotis, chief executive of Bancpost and of the l...
Oltchim Expects 53% Drop In 2Q Sales
Romanian insolvent chemical company Oltchim Ramnicu Valcea (OLT.RO) expects its sales will drop 53% on the year to 134.4 million lei (EUR29.7 million) in the second quarter, the company’s le...
Leu’s Exchange Rate Strengthens To 4.4969 Vs Euro
The Romanian leu kept its earlier gains versus the euro by midday Wednesday and the central bank’s reference won 0.6% to 4.4969 units, from 4.5225 units a day earlier.
UniCredit Tiriac To Launch 5-Year RON500M Bond In June
Romania’s UniCredit Tiriac Bank, a unit of Italy’s banking group UniCredit, will launch in June a five-year corporate bond issue in a bid to raise 500 million lei (EUR111.2 million), the ban...
Leu Recovers Vs Euro, Closes 0.3% Stronger On Day
The Romanian leu returned to gains versus the euro in late trade Tuesday and closed about 0.3% stronger on the day, amid higher foreign currency sales from local lenders.
Romania Open-end Fund Assets Top RON10B In May
The combined net assets of Romanian open-end investment funds rose 2.8% to 10.07 billion lei (EUR2.22 billion) in May, from roughly RON9.8 billion a month earlier, data from the local Associ...