24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Jan-April Budget Deficit Widens To 1.2% Of GDP
Romania’s consolidated budget posted a deficit of 7.5 billion lei (EUR1.72 billion) in the first four months of 2013, equal to 1.2% of the gross domestic product, Finance Ministry data showe...
Romania Banking System To Remain Unscathed If Greece Decides To Sell Subsidiaries
A possible decision from Greek banks to sell their Romanian subsidiaries would have no negative effects on the local banking system, the head of Romanian Banking Association said Monday.
BNR Injects RON366M In One Week Repo
Romania's central bank Monday pumped 365.9 million lei (a little over EUR84 million) into the money market via a seven-day repurchasing agreement operation, at an interest rate of 5.25%, equ...
CEC Bank 2012 Net Profit Falls To RON37M On Higher Provisions
Romanian state-owned lender CEC Bank Monday said its net profit fell to 37 million lei (EUR8.5 million) in 2012, from RON67.4 million a year earlier, on higher provisioning for bad loans.
Leu Exchange Rate Firms To 4.3514 Vs Euro
Romania’s leu moved in a tight range against the euro by midday Monday, while the central bank’s reference strengthened 0.2% to 4.3514 units, from a five-week low of 4.3625 units in the prev...
BNR: Romania Private Lending Falls To RON220B In April
Romanian private lending fell 1.9% in real terms to 220 billion lei (EUR50.4 billion) in April, from RON223.8 billion a month earlier, central bank data showed Monday.
Leu Recovers Loss Vs Euro In Late Action, Ends Higher On Day
Romania’s leu recovered against the euro in late trade Friday, tracking the currencies in the region, and closed stronger on the day at 4.353/4.355 to the euro.
Leu’s Exchange Rate Hits New 5-Week Low Of 4.3625 Vs Euro
The Romanian leu lost its earlier gains against the euro by midday Friday and the central bank’s reference weakened to 4.3625 units, a fresh record low in the past five weeks.
OPSPI: Electrica To Be Listed In October
Romanian state-owned electricity supplier SC Electrica SA will be listed in Bucharest at the end of October, according to data from the state assets privatization office OPSPI.
Leu Opens Higher Vs Euro In Thin Trade
The Romanian leu opened higher against the euro Friday morning and traded near 4.355 to the euro, amid low volumes.
SIF Banat-Crisana May Get Green Light To Take Over SIF Muntenia In June
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) could receive regulatory approvals to take over SAI Muntenia, the administrator of peer fund SIF Muntenia (SIF4.RO) in June, the...
Leu Closes Down Vs Euro On Negative Sentiment
The Romanian leu lost 0.3% against the euro Thursday, amid a negative sentiment in the region following weaker-than-expected manufacturing data in China and concern that the US Federal Reser...